Miner Company
Supreme Court ruling throws Trump administration's tariff strategy into flux. What it means for global trade, U.S. economy
President Donald Trump's decision to reimplement tariffs after the Supreme Court struck some down only served to aggravate global trade tensions. As uncertainties rise, foreign governments and big businesses are likely to adopt more cautious stances on investments as well as imports and exports, particularly on deals that involve the U.S. — an outcome that's likely to hurt the U.S. economy.
President Donald Trump's decision to reimplement tariffs after the Supreme Court struck some down only served to aggravate global trade tensions. As uncertainties rise, foreign governments and big businesses are likely to adopt more cautious stances on investments as well as imports and exports, particularly on deals that involve the U.S. — an outcome that's likely to hurt the U.S. economy.