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Donald Trump’s tariff powers face a high-stakes legal test
Trump has justified his most far-reaching assertions of tariff power by citing the 1977 International Emergency Economic Powers Act, which allows tariffs on all imports during an "unusual and extraordinary threat ... to the national security, foreign policy or economy of the United States."
One economist told Newsweek that companies may be wary of "consumer backlash" if they hike prices to mitigate the tariffs' ...
That statement came some 12 hours after Trump announced an agreement Sunday with the European Union that would see a 15% tax ...
With the U.S. and the European Union agreeing to a trade framework that includes a 15% tariff on goods imported from the EU, ...
15hon MSN
As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into ...
MiBolsilloColombia on MSN24m
Tariff deadline looms: U.S. duties on China set to rise again if no deal by Aug. 12With an August 12 deadline looming, the U.S. and China risk new tariffs unless a trade deal is reached, echoing April’s ...
The Center Square on MSN2h
Analysis: Trump Tariffs Could Cancel Out Benefits of GOP Tax CutsAnalysis reveals Trump's tariffs could negate economic gains from GOP tax cuts. The Tax Foundation warns tariffs may hinder ...
The United States and the European Union have reached a preliminary trade deal to avoid a 30% U.S. tariff on imported goods ...
If Trump’s authority to use IEEPA to set tariffs goes away, he has other powers to fall back on. There’s Section 232 of the ...
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