Tariff ruling limits Trump's leverage but won't end uncertainty for trade partners - Reuters
Tariff ruling limits Trump's leverage but won't end uncertainty for trade partners Reuters
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Notable Quotes
"Pure tariff chaos on the part of the U.S. administration."
— Bernd Lange , Politician
"The deals were not premised on whether or not the emergency tariff litigation would rise or fall."
— Jamieson Greer , Executive
"While the decision gives clarity on the president’s executive powers to raise tariffs, it does little to clear the murky waters for business."
— William Bain , Executive
"We take note of the ruling by the US supreme court and are analysing it carefully."
— Olof Gill , Executive
"Canada should prepare for new, blunter mechanisms to be used to reassert trade pressure, potentially with broader and more disruptive effects."
— Candace Laing , Executive
"Businesses still needed support and promised Canada would continue working with the US to create growth and opportunities on both sides of the border."
— Dominic LeBlanc , Politician
"The decision effectively renders recent trade deals initiated or concluded by the United States with the UK, Japan, the EU, Malaysia, Indonesia, Vietnam and India one-sided and useless."
— Ajay Srivastava , Academic
"the ruling won't impact individual trade agreements"
— Jamieson Greer , Executive
Key People
Former trade official in India and analyst for the Global Trade Research Initiative.
Bernd Lange is the chair of the International Trade Committee of the European Parliament.
President of the Canadian Chamber of Commerce.
Dominic LeBlanc is a Canadian politician.
Former president of the United States known for his aggressive economic policies.
Jamieson Greer is the U.S. Trade Representative.
Spokesperson for the European Commission.
Ursula von der Leyen is the president of the European Commission.
Head of trade policy at the British Chambers of Commerce.
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<a href="https://news.google.com/rss/articles/CBMiuAFBVV95cUxOdDN2UGlDN25SVFBfdktXRmV3aDJERFVNMFI2UUV1dmFzWjcyVFZyelNad01HZXl2eG1ZOHd1RER5cjdjZ2h2bGtSU0xjTHBLb3F4YlJCdjZGTnZGbFpKU3V2NDZfV0t4NkFvcGJmUlRwOEtmd2lMek9FOU9CSFhNYzdyNmhhbVpldHhaWmdTRWVlcmdkOVpOaDBoN0lwdVV0c2lRQUNPY3Bna2hwOUhPd1pIbXdCMFdG?oc=5" target="_blank">Tariff ruling limits Trump's leverage but won't end uncertainty for trade partners</a> <font color="#6f6f6f">Reuters</font>
The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies.
The European Union has called on the United States to honor a trade agreement after the U.S. Supreme Court struck down some of former President Donald Trump’s significant tariffs. Trump responded by calling for a global tariff increase to 15%.
William Bain, head of trade policy at the British Chambers of Commerce, said that while the decision “gives clarity on the president’s executive powers to raise tariffs, it does little to clear the murky waters for business”.
The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies.
Despite the Supreme Court ruling against Trump's tariff policy, US Trade Representative Jamieson Greer assured that trade agreements with China and the EU remain intact. He reaffirmed the administration’s commitment to these deals.
The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies.
The U.S. Supreme Court's decision to strike down a large swath of President Donald Trump's tariffs has weakened his ability to threaten and impose tariffs at a moment's notice, but it won't end gnawing uncertainty for trade partners or companies.
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