Trump, 10 tariff and Supreme Court
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After the President’s defeat in the Supreme Court, more tariffs, with different legal foundations, are underway. The U.S. can imposed tariffs for a number of legal reasons that are being explored and cited by the administration of Donald Trump.
Hours after the Supreme Court scrapped his IEEPA tariffs, Trump imposed a 10% global tariff on almost all imports to the US under the rarely-used Section 122. Now, he has hiked the rate to 15%. Here i
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After the Supreme Court blocks Trump’s IEEPA tariffs, he turns to Section 122 of the Trade Act of 1974 to impose temporary import duties.
In this week’s instalment of “Graphs, Data, and Perspectives”, Udit Misra writes that though the economic burden of Trump’s tariffs have largely been passed through to US consumers, there has been a s