US tariffs here to stay, trade deals ‘largely symbolic’ | Metals Mine

  • US tariffs here to stay, trade deals ‘largely symbolic’

    From think.ing.com

    In recent weeks, two major developments have shaped the trade landscape: a US court ruling questioning the legality of tariffs imposed under the International Emergency Economic Powers Act (IEEPA), and the doubling of tariffs on steel, aluminium, and related derivatives, effective from 4 June. Despite these major developments, we believe that the average tariff rate is unlikely to shift significantly, as other tariff measures are expected to offset any reductions resulting from trade deals or court rulings. The US Court of International Trade ruled on 28 May that President Donald Trump exceeded his authority using ... (full story)

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OutThere
Jun 13, 2025 3:27am
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Seems like the whole world is starting to approve Trump's tariff tax on it's own citizens.
China too gave the go ahead to US to tax it's own population 50% tax on goods.
Americans can afford to pay through the nose and Trump knows it.
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bnlf
Jun 13, 2025 12:38am — Edited
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Lol. Americans doubling down on the loss. USD losing value and now they're paying more for the same - that will never be produced in the country. Congrats!
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Trader#67E9
Jun 13, 2025 4:56am
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Tariffs = Federal Sales Tax See Republicans do not like the word TAX. If there is a way to get money out of people without calling it a TAX Republicans will do it. Democrats are stupid and do not care, which is their downfall every time. Both Parties though will spend spend spend like its an endless stream even when they are upside down and can only afford to pay the interest. The US is broke.
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