Latest Trump Tariffs Unlikely to Budge, Top Negotiator Says
UNITED STATES, AUG 2 – President Trump’s tariffs impose duties from 10% to 41% on nearly 100 countries, aiming to reshape global trade despite ongoing legal disputes over presidential authority.
- A three-judge panel ruled that the International Emergency Economic Powers Act does not provide President Trump with unlimited power to impose tariffs, according to the United States Court of International Trade.
- Jamieson Greer, a top trade negotiator, stated that the administration has tools to impose tariffs regardless of court rulings regarding their legality.
- Negotiations are ongoing with Mexico and China regarding tariff rates amid concerns of a potential trade war. Rulings from the court are expected to be appealed and may reach the Supreme Court.
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58 Articles
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Latest Trump tariffs unlikely to budge, top negotiator says
The tariffs U.S. President Donald Trump imposed last week on scores of countries are likely to stay in place rather than be cut as part of continuing negotiations, Trade Representative Jamieson Greer said on Sunday.
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