Miner Company
The Supreme Court May Have Just Prevented A Recession
The Supreme Court ruled tariffs under IEEPA unconstitutional, but new tariffs are being imposed under alternative statutes, maintaining economic headwinds. Broad-based tariffs act as a regressive tax, with importers absorbing up to 94% of costs, and supply chains shifting away from China toward Mexico and Vietnam.
The Supreme Court ruled tariffs under IEEPA unconstitutional, but new tariffs are being imposed under alternative statutes, maintaining economic headwinds. Broad-based tariffs act as a regressive tax, with importers absorbing up to 94% of costs, and supply chains shifting away from China toward Mexico and Vietnam.