#TrumpAnnouncesNewTariffs 📢
The U.S. Supreme Court recently struck down broad tariff powers under the International Emergency Economic Powers Act, but Donald Trump is back with a new 10% global tariff using alternative legal authority.
This move aims to protect domestic markets, but it introduces uncertainty for global trade, businesses, and investors. The decision highlights the ongoing tension between executive authority and congressional oversight in shaping U.S. trade policy.
⚖️ Key Takeaways:
• Supreme Court limits previous tariff powers
• New 10% tariff on global imports in effect imm