politics @lemmy.worldEnglish · 3 days ago

US court blocks Trump's 'Liberation Day' tariffs

www.reuters.com

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US court blocks Trump's 'Liberation Day' tariffs

www.reuters.com

Tony Bark@pawb.social to

politics @lemmy.worldEnglish · 3 days ago

106

cross-posted to:
[email protected]

reuters.com

www.reuters.com

A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.

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jonne@infosec.pub
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3 days ago
It can work if targeted and coupled with industrial policy. Eg. The CHIPS act coupled with a tariff on Chinese chips, stuff like that. Everyone agrees that Trump’s way of doing it was counterproductive.
- forrgott@lemm.ee
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  Well, exactly. But that’s not at all what he did. ¯\_(ツ)_/¯

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