Donald Trump, supreme court and Tariff
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In a scathing rebuke that’s sending shockwaves through financial markets, 27 prominent economists have filed an amicus brief dismantling the economic foundation of President Donald Trump’s emergency tariff powers.
President Donald Trump gave himself more time to reach trade deals with foreign nations, but his efforts to quickly overhaul global trade through tariffs still face challenges at home and abroad.
In an exclusive interview with Newsweek, the former Commerce Secretary discusses trade, China and tariffs under Trump 2.0.
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
President Donald Trump announced a blanket 50% tariff on imports from Brazil, citing his anger over the country's treatment of its former president, Jair Bolsonaro. Trump's tariffs would be imposed using the International Emergency Economic Powers Act,
Here’s the latest on the president levies, some of which he again postponed Monday.