Tariff legality in court
U.S. judges pressed the administration on whether President Trump’s 10% global tariff has a lawful basis under emergency‑powers statutes, signaling real doubts about using a large trade deficit alone to justify near‑universal import levies. The case—filed after the Supreme Court struck down an earlier round of tariffs—puts the tariff’s future in flux and creates fresh planning risk for import‑heavy businesses. (reuters.com, apnews.com, bloomberg.com)