Tariffs court fight threatens Trump's power to wield his favourite economic weapon

Despite the legal mire, all signs point to this being a battle the Republican president won't give up easily.

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He has slapped import duties against allies and adversaries alike, and raised their rates to staggeringly high levels, only to change his mind and abruptly pause or reduce the charges.

Markets and global leaders have scrambled trying to guess his next moves, while major retailers have warned of rising prices for American consumers and potentially empty shelves in shops.

The president has claimed this power to impose tariffs unilaterally. He says that as president he is responding to a national economic emergency - and he cannot wait for Congress to pass legislation.

In effect, this meant firing off a threatening missive to a country playing hardball was as easy as posting on Truth Social (just ask the European Union, which he called "very difficult to deal with" in negotiations last week).

https://www.bbc.com/news/articles/cvg788jrxrro


Post ID: bb453de7-fc77-433e-a3ee-c7225454e2d1
Rating: 5
Updated: 1 month ago
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