Post
Topic
Board Economics
Re: US trade court rules Trump overstepped his authority with global tariffs
by
STT
on 29/05/2025, 17:04:27 UTC
https://imgur.com/jqx5fMA

Read before 7pm NYC time Thursday.

   I will quote you inline


Quote
The international court now as said Trump did not have the power to impose tariff on many countries

The part I heard was the tariffs on sectors still exists and is not contested going forward but entire nations thats where its considered overreach.
   All of this back and forth I consider temporary as basic trade requires a fair exchange or comparative advantage by both countries and that basic rule exists above any government attempts to control trade absolutely.    A few companies have pointed this out that less trade and less money will be made if trade is prevented in any way, its not helpful to hold back companies in USA.  While this president may never agree with those ideas, the general rule of money talks will have it come close to that ongoing trade required by all nations to thrive here or abroad.