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Court backs Trump on rescinding de minimis tariff exemption

CN
CitrixNews Staff
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Court backs Trump on rescinding de minimis tariff exemption

A federal trade court agreed Thursday that President Trump lawfully ended a tariff exemption for low-cost goods last year.  Trump did so by invoking the same 1970s-era emergency statute that the Supreme Court ruled he could not use to authorize his sweeping “Liberation Day” tariffs.  The U.S. Court of International Trade said ending a tariff exemption is legally…

Originally reported by The Hill. Read the full story at the original source.