Goldman, Morgan Stanley Say Trump Can Deploy Other Tariff Tools

The other tariff tools in Trump’s trade arsenal if court challenges succeed

Commerce Department and US trade representative mechanisms could allow president to recreate tariffs

Experts say Donald Trump could still impose tariffs using other trade law provisions

Today, the US Court of International Trade canceled most of the tariffs introduced by President Donald Trump, but experts warn that the leader of the United States of America could use other legal arguments to challenge this decision. According to the court's opinion, the US Constitution gives only Congress the right to regulate foreign trade, thereby defeating Trump's argument for imposing tariffs based on the International Economic Emergency P…

Goldman, Morgan Stanley Say Trump Can Deploy Other Tariff Tools

Two of Wall Street's top investment banks cautioned that the impact of a court ruling striking down many of President Donald Trump's tariff measures may prove limited.