Court weighs Trump's global tariffs after Supreme Court setback

1 min read
Source: PBS
Court weighs Trump's global tariffs after Supreme Court setback
Photo: PBS
TL;DR Summary

A U.S. Court of International Trade hearing in New York is considering overturning President Trump's temporary global tariffs after the Supreme Court ruled IEEPA could not justify them; Trump may rely on Section 122 of the Trade Act of 1974, which would allow up to 15% global tariffs for 150 days with congressional approval, but questions remain about its applicability to trade deficits and the tariffs' July 24 expiration.

Share this article

Reading Insights

Total Reads

0

Unique Readers

4

Time Saved

5 min

vs 5 min read

Condensed

93%

98469 words

Want the full story? Read the original article

Read on PBS