- President Donald Trump is unlikely to retreat from tariffs as a policy tool. Historically, tariffs have been central to his negotiation strategy and economic stance.
- Not all tariffs are affected:
- Section 232 of the Trade Expansion Act (1962) — National security-related tariffs remain.
- Section 301 of the Trade Act (1974) — Tariffs related to unfair trade practices remain.
Dear all
Happy Chinese New Year! Gong Xi Fa Cai!
I am doing my usual work preparation over the weekend so as to provide timely updates to my clients. As I have a little bit of time, I decide to post on my blog too.
Recent developments surrounding the U.S. Supreme Court ruling on tariffs introduce another layer of uncertainty into the market, even though the initial equity reaction was positive.
1️⃣ Supreme Court Ruling & Tariff Implications
The U.S. Supreme Court has struck down tariffs imposed under the International Emergency Economic Powers Act (IEEPA). However, several important considerations remain: