Trump Tariff Ruling Completely Changes the Global Trade War

How the Trump tariff decision is a ‘deeply American problem’ with global implications

Experts warned the court decision will not necessarily provide any relief to countries hoping for lower tariffs or even trading uncertainty with the US, Rachel Clun reports

Trump tariff ruling completely changes the global trade war

The court ruling raises the real question about whether the wider so-called reciprocal tariffs due in July will ever come in to effect.

From the beginning, the conversation flowed between laughter and warnings: "Beware of the air... and Escrivá," one of the talkers said, while another admitted having come to the meeting to check the quality of the local wine.But beyond the initial toast, the issues soon became serious.The program started with news of international warming: the U.S. Trade Court has overturned the reciprocal tariffs imposed by Donald Trump, calling them "illegal."…

The ruling that decreed the illegality of the global and reciprocal tariffs of the United States did nothing but add uncertainty this Thursday to the trade war launched by President Donald Trump on April 2, his “liberation day.” The president lacked the power to adopt those measures, the judges pointed out in his ruling.Continue reading...