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A forced-labor crackdown or an end-run around Congress? Dissecting Trump’s new tariffs
The Trump administration has imposed double-digit tariffs on more than 60 countries, using a legal justification that permits the president to levy import taxes and other sanctions against countries found to engage in “unjustifiable,” “unreasonable” or “discriminatory” trade practices. The new tariffs announced in recent days take effect just as temporary 10% worldwide tariffs expired, and critics say they are less about cracking down on forced labor than they are a way to replace those tariffs. The expired tariffs were themselves a temporary replacement for worldwide tariffs the Supreme Court struck down ... (full story)
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- Jul 26, 11:16am | 5 hr ago Posted byFundamental Analysis21,488
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