Trump, tariff and Supreme Court
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Trump, tariffs
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There’s little that Donald Trump has cherished more in his second term than tariffs, a symbol of his imperious approach to the presidency.
By Andrea Shalal and David Lawder Feb 24 - President Donald Trump's temporary 15% tariffs to replace those struck down by the U.S. Supreme Court are meant to resolve a problem that many economists say does not exist: a U.
In a 6-3 decision on Friday, the Supreme Court invalidated the majority of President Donald Trump's global tariffs.
United States President Donald Trump has increased his global import tariff rate to 15 percent, escalating his trade policy just days after the Supreme Court struck down his earlier sweeping levies.
Trump would need Congress to fully replace his previous tariffs, but he could still legally impose different tariffs under other laws.
A Friday ruling throws new uncertainty into American trade policy. Automakers and buyers could still face elevated costs, since many duties remain and new tariffs may be pursued through other legal channels.
President Donald Trump on Saturday said that he was hiking his newly-announced global tariff to 15%, less than one day after announcing a 10% worldwide duty