Trump Eyes New 15% Tariffs After Court Reinstates Old Ones | Firstpost America | N18G
Trump Eyes New 15% Tariffs After Court Reinstates Old Ones | Firstpost America | N18GTrump's global tariffs are back, for now—after a federal appeals court temporarily reinstated them, pausing a lower court ruling that deemed them unconstitutional. The US Court of International Trade had blocked Trump's sweeping "Liberation Day" tariffs, arguing he exceeded his authority by using the 1977 International Emergency Economic Powers Act. In response, the Trump administration is now considering new 15% tariffs for 150 days under the 1974 Trade Act, a stopgap move to strengthen its legal footing. Businesses and markets are bracing for impact as legal uncertainty continues. With appeals ongoing, Trump remains defiant, warning that limiting presidential tariff power could reshape the presidency itself. Watch to know more.
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