Donald Trump, 10 tariff
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Talks reportedly took place between the Trump White House and "other countries" to negotiate further on reciprocal tariffs, according to NEC director Kevin Hassett.
The US Supreme Court struck down Donald Trump’s sweeping global tariffs, ruling the president overstepped his authority by invoking emergency powers. View on euronews
President Donald Trump spoke hours after the Supreme Court ruled against his global tariffs that he imposed without Congress.
The Trump Administration will “invoke alternative legal authorities” for tariffs, Treasury Secretary Scott Bessent said in Dallas on Friday, hours after the U.S. Supreme Court overturned the President’s far-reaching import duties.
The president is relying on a provision that the government's lawyers said had no "obvious application" to his goal of reducing the trade deficit.
US President Donald Trump's 10 per cent global tariffs are now in effect, reshaping international trade policy and sparking global uncertainty. Read more at straitstimes.com. Read more at straitstimes.
President Donald Trump is dealing with a major legal defeat Friday after the Supreme Court struck down many of the tariffs he imposed last year on nearly every country on earth.
President Donald Trump announced he would be using other federal statutes to impose tariffs after the Supreme Court struck down his sweeping levies.
The White House said the agreement will open India’s 1.4-billion-strong market to US goods, cut tariffs, and advance talks toward a broader bilateral trade pact.
President Trump’s economic calculus is in flux after a Supreme Court ruling, as some global leaders say his new tariffs violate the trade deals he cut with them.