Trump’s reciprocal tariffs are struck down by federal appeals court, putting trade deals and huge revenue windfall at risk

fortune.com/2025/08/29/trump-reciprocal-tariffs-illegal-federal-appeals-court-trade-deals-revenue-budget

The U.S. Court of Appeals for the Federal Circuit ruled that most of President Donald Trump’s so-called reciprocal tariffs on global trading partners are illegal, upholding an earlier ruling by the Court of International Trade, which found that the tariffs’ legal basis under the…

This story appeared on fortune.com, 2025-08-29 22:16:43.
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