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After Iran war 'defeat', Trump loses big battle in US: Blow after oil shock to cost him midterms?

Published on May 09, 2026 12:42 am IST

After what critics call a defeat in the Iran war, Trump is now hit by a legal defeat at home. A U.S. trade court has ruled his 10% “universal” import tariff unlawful for key plaintiffs, following an earlier Supreme Court slap‑down, even as high petrol prices and inflation haunt his record‑high stock market boasts.

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