WASHINGTON – The United States (US) has launched new investigations into what it describes as unfair trade probes by dozens of countries, potentially paving the way for fresh tariffs as President Donald Trump seeks to revive duties previously struck down by the Supreme Court. Read More: US Supreme Court strikes down Trump’s global tariffs The Trump […]
global tariffs
US Supreme Court questions Trump’s global tariff powers
WASHINGTON – The US Supreme Court on Wednesday cast doubt on former President Donald Trump’s authority to impose sweeping global tariffs under the 1977 International Emergency Economic Powers Act (IEEPA), raising the possibility that the levies could be struck down. During oral arguments, justices questioned whether the IEEPA — which allows regulation of imports during […]
US court rules Trump’s global tariffs illegal
A US appeals court ruled that most of President Donald Trump’s global tariffs were illegal. The court found that Trump exceeded his authority by using emergency powers to impose broad tariffs. However, the court allowed the tariffs to remain in place until mid-October. This gives Trump time to challenge the decision at the Supreme Court. […]
Trump boasts: ‘Tariffs are making America rich again’
U.S. President Donald Trump on Thursday doubled down on his sweeping global tariffs, claiming they are making America “great and rich again,” just hours before new trade measures are set to take effect on August 1. The comments came amid a flurry of last-minute trade deals and rising diplomatic tensions. Posting on his Truth Social […]
Trump stands firm on tariffs amid global market turmoil
President Donald Trump defended his extensive global tariffs on Sunday, calling them necessary “medicine” for correcting trade imbalances. He made these remarks while on Air Force One, dismissing concerns about a potential recession and ongoing market instability. “Sometimes you have to take medicine to fix something,” he stated confidently. Global financial markets reacted negatively over […]
Viral penguin memes emerge after trump’s tariffs on uninhabited island
Donald Trump’s latest global tariffs have sparked confusion and humor online, particularly through viral penguin memes. Among the unexpected additions to the tariff list is a 10% tax on goods from the Heard and McDonald Islands. This Australian territory is unique because it has no permanent human residents, only penguins and seals. Social media quickly […]