What Trump's tariff loss in court means for shippers and the billions in trade duties collected by U.S. government
Containers are loaded and unloaded from cargo ships at Port Jersey Container Terminal in New Jersey, U.S., May 1, 2025. Anadolu | Anadolu | Getty Images President Donald Trump's trade war suffered a big setback with many of his administration's tariffs ruled illegal by a federal appeals court last Friday. Billions of dollars in trade duties may potentially need to be refunded to businesses as trade deals struck by the White House with other nations are thrown into question. But for now, the underlying stance within the shipping industry and
Read full story: Source