Trump, tariffs and Appeals court
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For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs.
President Trump criticized a recent court ruling on his tariff plan on Thursday. He directed criticism to the Federalist Society and expressed disappointment in judicial nominations.
The prominent conservative legal activist is “a bad person who, in his own way, probably hates America,” the president fumed on social media about his former ally.
Even if courts block many of President Trump’s tariffs, households would still lose an estimated $950 in purchasing power a year, a Yale analysis shows.
GOP lawmakers are quietly hopeful that Trump’s damaging tariff plans will end with decisive Supreme Court decision.
For months, President Donald Trump has boasted that his most sweeping tariffs amount to powerful leverage to win trade concessions from Beijing to Brussels.
US ports have been seeing pandemic-level declines in imports, so good news on tariffs was just what port officials were hoping for.
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