Trade Policy
US Supreme Court Strikes Down Trump’s Global Tariffs
The US Supreme Court struck down the Trump administration’s global tariffs. In a 6-3 ruling, the court said President Donald Trump exceeded his authority, with Chief Justice John Roberts writing for the majority. Stocks and US yields initially jumped, while the dollar fell. Trump said the ruling is a “disgrace.” (Source: Bloomberg)
The US Supreme Court struck down the Trump administration’s global tariffs. In a 6-3 ruling, the court said President Donald Trump exceeded his authority, with Chief Justice John Roberts writing for the majority. Stocks and US yields initially jumped, while the dollar fell. Trump said the ruling is a “disgrace.” (Source: Bloomberg)
Topics: Supreme CourtTrumptariffstrade policy