https://www.nytimes.com/2025/08/29/business/economy/trump-tariffs-appeals-court.html?unlocked_article_code=1.iE8.1UCa.oK_xadhUotzc&smid=url-share

Dated: 2025-08-29. Added: 2025-08-30.

A federal appeals court ruled on Friday that many of President Trump’s most punishing tariffs were illegal, delivering a major setback to Mr. Trump’s agenda that may severely undercut his primary source of leverage in an expanding global trade war.