The Supreme Court ruled President Trump cannot use emergency powers for certain tariffs, impacting his trade strategy but not the trade war. Despite this, Trump announced new tariffs under the Trade Act of 1974, aiming for similar revenue despite a more complex legal process. Importers face ongoing uncertainty as the administration navigates new legal avenues for tariff enforcement. The Supreme Court ruled President Trump cannot use emergency powers for certain tariffs, impacting his trade strategy but not the trade war. Despite this, Trump announced new tariffs under the Trade Act of 1974, aiming for similar revenue despite a more complex legal process. Importers face ongoing uncertainty as the administration navigates new legal avenues for tariff enforcement.
