Why Trump’s Remittance Tax Will Be ‘Devastating’ for Filipino-Americans
UNITED STATES, JUL 14 – The U.S. Court of International Trade invalidated Trump's tariff program, ruling the International Emergency Economic Powers Act does not authorize such expansive trade measures, challenging executive power limits.
9 Articles
9 Articles
Trump’s tariffs threats against the Global South, ASEAN and the Philippines
In early April, the Philippines responded with “guarded optimism” to US President Donald Trump’s sweeping tariffs, saying higher rates placed on its neighbors could present an opportunity. Hit with Trump’s reciprocal levy of 17%, the Department of Trade and Industry (DTI) sought to re-frame it by stating that the “the new tariffs put the Philippines […] The post Trump’s tariffs threats against the Global South, ASEAN and the Philippines appeared…
Court of International Trade’s Flawed Ruling on Trump’s Tariffs
For several months, the Trump administration has aggressively deployed the International Emergency Economic Powers Act of 1977 (IEEPA) to impose (and in some cases subsequently modify) significant tariffs on U.S. trading partners. IEEPA is a very broadly-worded statute empowering the president to “deal with any unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security,…
Levi's, as well as in Vietnam and China, buys its jeans in Bangladesh and India. Apple produces most of its products in China, India and Vietnam. That's why the impact of tariffs on the big American brands will increase inflation in the US and will bring more poverty to Asia
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