The US Supreme Court’s decision to strike down President Trump’s tariff framework has introduced a new dynamic. While this lifts policy uncertainty, countries must now navigate a “counter-intuitive” negotiation period. The executive branch has swiftly implemented a temporary 10% global import tariff using a different trade act, with Congress holding the ultimate power to extend it. The US Supreme Court’s decision to strike down President Trump’s tariff framework has introduced a new dynamic. While this lifts policy uncertainty, countries must now navigate a “counter-intuitive” negotiation period. The executive branch has swiftly implemented a temporary 10% global import tariff using a different trade act, with Congress holding the ultimate power to extend it.
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