Tariff refund trades surge in price even
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Donald Trump, tariff
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While the SCOTUS Ruling on Tariffs could trigger up to $175 billion in refunds, the consensus is that most retailers will not see these refunds anytime soon.
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Pres. Trump issues new 15% global tariff despite Supreme Court ruling: Is it legal?
Following a Supreme Court decision striking down his tariffs, President Trump announced new global tariffs under a never-used before provision in a 1974 trade law. Hamline law professor David Schultz weighed in on the developments.
Today, the Boston Globe published my article, "Trump's New Tariffs are Another Dangerous Presidential Power Grab" (non-paywall link here).
The President had signed a proclamation soon after the verdict to "impose a temporary surcharge" of 10% for “all articles" imported to the country in the next 150 days. Hours later the POTUS said he was raising this figure with immediate effect.
FedEx has a special delivery for the nation’s capital. The Mid-South’s largest employer is suing the federal government over tariffs.
John Fetterman explained he sees obvious negatives to Trump's tariffs after Fox's Aishah Hasnie noted he said the economic strategy turned out "pretty well."