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US Supreme Court

Tariff Reboot

President Donald Trump’s trade policy has acquired a second life. After the US Supreme Court curtailed key elements of the architecture that defined much of his economic agenda, the White House has returned with a familiar instrument wrapped in a different justification.

US Supreme Court strikes down Trump’s sweeping tariffs

According to The Post, the US apex court held that the US President did not possess the authority under the 1977 International Emergency Economic Powers Act (IEEPA) to impose extensive import duties on goods from nearly all US trading partners.