Skip to main content

Search

Items tagged with: trade




After Supreme Court losses on tariffs, Trump is pivoting to Section 301 authority, which sets no limit on tariff amounts and gives him country-by-country discretion. A trade economist says it's an unprecedented move likely to face court challenges.
theconversation.com/how-trump-…

#tariffs #economy #trade

theconversation.com/how-trump-…


The #US #trade court on Thurs ruled against #Trump's ‌latest 10% global #tariffs, finding across-the-board tariffs were not justified under a 1970s trade #law.

The US Court of International Trade [#CIT] ruled in ​favor of #SmallBusinesses that challenged the ⁠tariffs, which took effect on February ​24. The ruling was 2-1, with one ​judge saying it was premature to grant victory to the small business plaintiffs.

#economy #inflation #tax #consumers #business #recession
reuters.com/world/us-trade-cou…


#Trump says he'll place 25% #tariff on #autos from #EU, accusing bloc of not complying with #trade deal

Trump said Friday that he will increase #tariffs charged on #cars & #trucks from the EU next week to 25%, a move that could jolt the world #economy at a fragile moment.

Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.

#inflation #CostOfLiving #affordability
apnews.com/article/trump-tarif…