In a significant legal blow to former President Trump, a federal trade court has ruled against his attempt to impose a new 10% global tariff, declaring it illegal. This decision marks the second consecutive defeat for Trump regarding his tariff strategies, as the court reiterated that these tariffs are unlawful and invalidated those imposed after his previous Supreme Court loss. The rulings could have major implications for businesses, as companies may now seek to reclaim billions in excess tariffs. The Trump administration has indicated plans to appeal this latest decision, while trade analysts suggest that this ongoing legal battle adds to the uncertainty faced by shippers and businesses across the country.