A person reads signs with US trading information posted during World Trade Week at the Wilmington Waterfront Promenade at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

A paddle-boarder makes his way near freight ships at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

A person taking a boat tour watches freight ships full of containers at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

People taking a boat tour watch freight ships full of containers at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

People taking a boat tour watch freight ships full of containers at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

People taking a boat tour watch freight ships full of containers at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

Shipping containers are piled up on a ship at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)

Shipping containers are piled at the Port of Los Angeles, California, on May 9, 2026. A US trade court on May 7, dealt US President Donald Trump a fresh setback, ruling against the 10-percent global tariffs he instituted after the Supreme Court struck down many earlier duties. The 2-1 ruling by the US Court of International Trade, for now, blocks the tariffs from being implemented against just two companies and the state of Washington, but it could open doors to further such outcomes. (Photo by Frederic J. BROWN / AFP via Getty Images)