
Duties bound: a Trump-tariff smackdown
Economist Podcasts
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Tariff Turmoil: Legal Battles and Market Reactions
This chapter explores the contentious tariffs from the Trump administration, including the controversial 'Liberation Day' tariffs and recent court rulings declaring some illegal. It examines legal challenges posed by small businesses and states, highlighting the implications of the major questions doctrine on presidential power. As court decisions unfold, the chapter reflects on the impact of these developments on trade negotiations and market sentiment.
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