The NYT stories:
President Trump is planning to invoke new commerce authorities in response
to the Supreme Court docket’s ruling overturning his sweeping tariffs,
in accordance with two individuals acquainted with his plans, probably together with a
new, across-the-board tariff on U.S. buying and selling companions.
That is no shock, many authorities officers have stated this was coming.
The report cities:
- Part 301 (requires an investigation)
- Part 122 (restricted to 150 days and has by no means been used)
Do not be stunned if Trump pulls the set off as quickly as doable on Part 122, which might placed on throughout the board 15% tariffs however has carve outs for exemptions for some nations.
This text was written by Adam Button at investinglive.com.
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