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Trade court outlaws a second round of Trump tariffs

From npr.org

In a victory for importers and a setback for the Trump Administration, the Court of International Trade struck down a second round of worldwide tariffs that the president ordered to replace import levies that were outlawed by the U.S. Supreme Court. The magnitude of the decision remains unclear, as it was initially limited to a pair of importers who challenged the tariffs, as well as the state of Washington. "That's a very good question and one we've sort of been wrestling with," said Jeffrey Schwab who represented the importers on behalf of the Liberty Justice Center. "It's not entirely clear and probably will ... (full story)

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  • Category: Fundamental Analysis