Trump's Tariff Tools Despite Supreme Court

Former President Donald Trump warns of potential US vulnerability if Supreme Court overturns his global tariffs, stating it could lead to Third World status. Despite skepticism from justices, Trump retains multiple tariff powers, including those from his first term and dating back to the Great Depression. Experts suggest its unlikely tariffs will completely disappear, as Trump could rebuild his current tariff landscape using different legal authorities. The average US tariff has risen significantly under Trump, reaching its highest level since 1934. Despite potential Supreme Court setbacks, Trump has several other tools at his disposal to impose tariffs, including Section three hundred and one of the Trade Act of nineteen seventy-four, Section two hundred and thirty-two of the Trade Expansion Act of nineteen sixty-two, and the Tariff Act of nineteen thirty.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.