Trump Moves Ahead with Tariff Plans After Supreme Court Ruling
The Supreme Court found many Trump-era tariffs illegal, calling them a major tax on Americans, while the White House imposed a new 15% global tariff this weekend.
- On Friday, the U.S. Supreme Court ruled that many Trump-era tariffs were levied illegally, resolving questions from cases including those involving Vermont parties.
- Imposing high, fast-changing tariffs during President Donald Trump's second term prompted lawsuits from Vermont businesses and a multistate challenge joined by Charity Clark, Vermont Attorney General.
- Calef Letorney said Rovers North sales cratered by 30% and he cut 20% of staff, while Candy King said Hearthlink International paid over $300,000 in duties since last spring.
- Despite the Supreme Court ruling, the White House announced a 15% global tariff on Saturday, with some tariffs like the steel levy remaining, and officials warn uncertainty persists.
- With IEEPA powers set aside, officials say countries such as Japan, South Korea, and Taiwan will seek clarity as reliance on trade statutes may weaken U.S. leverage.
32 Articles
32 Articles
Trump moves ahead with tariff plans after Supreme Court ruling
(The Center Square) – After the U.S. Supreme Court ruled his tariffs illegal, President Donald Trump vowed to rebuild the protectionist measures and restore some of the highest import duties in nearly a century, using different laws.
Supreme Court Should Be Ashamed of Tariff Case Ruling
Washington, United States. President Donald Trump attacked Tuesday against the U.S. Supreme Court ruling that overturned its global tariffs, criticizing the decision in front of several judges who had backed it. The ruling of the highest court, published four days ago, was “very unfortunate,” Trump said in his speech on the state of the Union in Congress. Trump said that U.S. trading partners are interested in “maintaining the agreement they alr…
Import tariffs on products entering the US: they've been going up and down for months. This weekend, global trade was turned upside down again. The…
Tariffs at Work: Historic Gains Amid Media Skepticism – The American Spectator | USA News and Politics
A headline from Bloomberg on Thursday was indicative of legacy media’s response to new trade data released by the Commerce Department. It declared, “U.S Notches One of Its Biggest Annual Trade Gaps Since 1960.” So, were the mainstream economists and political pundits right? Should we begin to doubt that President Trump’s tariffs are having any effect at all? Can tariffs actually rebalance trade? That, of course, is precisely the reaction the hea…
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