Appeals Court Reinstates Trump's Tariffs
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Two courtroom defeats dealt a blow to President Donald Trump’s strategy, even as an appeals court reinstated existing tariffs.
CEO Mary Barra said the automaker is increasing its U.S. investment and that Trump's tariffs are a "tool that the administration can use to level the playing field."
Court rulings overturning and then at least temporarily allowing President Trump’s tariffs add to the uncertainty disrupting business at U.S. ports.
4️⃣ ‘Ugly ducklings’: Jewelry experts have always emphasized the importance of the clarity and cut of a gem — until now. Imperfections are no longer taboo as high-end jewelers champion stones with unique inclusions or a lack of sparkle.
(Reuters) -President Donald Trump's administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law that includes language allowing for tariffs of up to 15% for 150 days, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
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WASHINGTON—President Trump’s trade team is readying its plan B. The administration’s tariff strategy was undermined when a court this week found it was illegal for Trump to impose sweeping duties by using emergency economic powers.
If there was a concrete tariff of 10% — while it's undeniably still a tax — the surety of it could be better for markets and economies globally in the long run.