A federal trade court ruled President Trump didn’t have the authority to impose new global tariffs after a previous set of levies was struck down by the Supreme Court in February.

The decision on Thursday from the Court of International Trade invalidated Trump’s attempt to impose a new 10% tariff on goods from virtually every nation by invoking authority under Section 122 of the Trade Act. The court, in a 2-to-1 ruling, said the president’s new bid at sweeping tariffs didn’t satisfy the criteria specified in the trade law for when import surcharges are allowed.

The ruling’s immediate impact may be limited, The Wall Street Journal’s Lydia Wheeler, Gavin Bade and Louise Radnofsky report. The 10% tariff under Section 122 was slated to expire in July, at which point the administration plans to pivot to different tariffs. And importers everywhere don’t appear to get instant relief under the ruling.

• The U.S. won't raise tariffs on European automobiles this week, Trump posted, saying he would give the bloc more time to implement its trade deal with the U.S. (WSJ)

The Trump administration is looking to restart an operation guiding commercial ships with naval and air support that it paused this week, after Saudi Arabia and Kuwait lifted restrictions on the U.S. military’s use of their bases and airspace. Pentagon officials said they could restart the operation as soon as this week, the Journal reported.

The operation, called “Project Freedom,” relied on an enormous fleet of aircraft to protect commercial ships, making the Saudi and Kuwaiti bases critical. But concerns about U.S. protection from the escalation in fighting set off the biggest dispute in recent Saudi-American military relations, putting a long-held joint security deal at risk.

• Trump said the cease-fire with Iran was still in effect after Iran attacked U.S. warships in the strait, and the U.S. intercepted the threats and struck Iranian military sites. (WSJ)
• Most ships traveling in and around the strait aren’t using automatic systems broadcasting their identity, position and speed, according to maritime-data company Windward. (WSJ)
• Emirates said the airline’s cargo operations had ramped up to support the movement of essential goods into and through the UAE. (WSJ)
• DP World said it launched cargo war-risk insurance that covers all modes of transport to help shippers manage disruption on Mideast trade routes. (Air Cargo News)

Whirlpool said it plans to increase list prices for its appliances by about 4% in July, as the maker of refrigerators and washing machines suspended its dividend and cut its full-year earnings guidance roughly in half, the WSJ’s John Keilman writes.

The Michigan-based company said historically low consumer confidence, the anemic housing market and the Supreme Court’s voiding of President Trump’s emergency tariffs were behind the moves. Whirlpool's shares dropped as much as 20% before recovering to close down about 12%. 

• Samsung Electronics is ceasing sales of home appliances and TVs in China due to fierce competition from domestic brands. (WSJ)

• U.S. jobless claims rose to 200,000 in the week through May 2, up from 190,000 a week earlier. (WSJ)
• Eurozone retail sales unexpectedly slipped 0.1% in March, as skyrocketing fuel prices deterred gasoline and diesel purchases. (WSJ)
• German manufacturing orders climbed 5.0% in March, their second consecutive monthly rise. (WSJ)
• Shares of national-security satellite company HawkEye 360, which tracks ships and pinpoints sources of GPS jamming, jumped in their public-market debut. (WSJ)
• Kodiak AI said it would collaborate with General Dynamics on autonomous ground vehicles for defense, and explore a pilot log-hauling operation in Canada, but the self-driving truck tech company’s stock price plunged on word it sold shares at $6.50 each in a private placement. (Dow Jones Newswires)
• The Terafab chip complex that SpaceX plans to develop with Tesla is estimated to require at least $55 billion in capital spending. (WSJ)
• Strong demand for energy-related equipment and other project cargo is tightening North American rail capacity. (Journal of Commerce)
• A federal appeals court rejected requests to pause a new Federal Motor Carrier Safety Administration rule aimed at reducing the number of noncitizen holders of commercial driver’s licences.(TruckingDive)
• Nearly 30,000 noncitizen truckers have been taken off the road since states revoked CDLs and learner’s permits found to have been illegally issued under stricter federal rules. (Transport Topics)
• The U.S. Maritime Administration issued a request for information from companies to help advance the use of small, modular nuclear reactors on commercial ships. (WorkBoat)

Mark R. Long is editor of WSJ Logistics Report. Reach him at mark.long@wsj.com. Follow the WSJ Logistics Report team on LinkedIn: Mark R. Long, Liz Young and Paul Berger.