14-August-2026
Corporate News
 
US court backs Trump's power to close 'de minimis' tariff exemption
14-Aug-2026

The U.S. Court of International Trade on Thursday ruled in favor of President Donald Trump's 2025 decision to rescind a "de minimis" exemption for tariffs on some imports of less than $800, a rare win for the president in the trade court's review of emergency economic powers.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-court-backs-trumps-power-to-close-de-minimis-tariff-exemption/articleshow/133226789.cms