A rare ‘no’ for Trump, but not necessarily an end to tariffs
Supreme Court Ruling on Tariff Powers
The Supreme Court has ruled that President Donald Trump does not have the legal authority to impose sweeping global tariffs without congressional approval. This decision represents a significant blow to Trump’s second-term agenda, as it invalidates his use of emergency powers to invoke reciprocal and country-specific tariffs.
Impact on Trade Policy
The ruling establishes that unilateral tariff actions by the president violate federal law. While the decision is a rare ‘no’ for Trump, it does not necessarily end all tariff measures. The US has already implemented some tariffs, such as a 10% global tariff, and the administration may continue to pursue targeted tariffs under different legal frameworks.
Recent Developments
- Trump ended a 50% punitive tariff on India in March, replacing it with an 18% levy as part of a deal.
- Despite the Supreme Court’s decision, Trump has stated he will impose a 10% global tariff under different circumstances.
- Experts note that the ruling highlights inconsistencies in Trump’s claims about his tariff policies, with evidence suggesting misrepresentation.
來源:https://www.bbc.com/news/articles/cvgvn810njpo?at_medium=RSS&at_campaign=rss
