Trump refuses to give up on tariffs – a pillar of his economic legacy
After the Supreme Court ruled that President Trump’s broad tariffs imposed under emergency powers were unlawful, his administration moved to rebuild its tariff programme through other legal routes. The article says this underscores Trump’s continued commitment to tariffs as a central economic policy, despite public dissatisfaction and the added complexity for importers.
A 10% worldwide tariff expired on Friday and was replaced by 10% and 12.5% tariffs on imports from 59 countries and the EU, covering over 99% of US imports while exempting energy and many foods. The administration cites forced labour as the justification, while critics question that rationale; it has also announced 50% tariffs on some Canadian goods and floated pharmaceutical tariffs. Manufacturing employment remains below its level when Trump took office, leaving the promised longer-term gains uncertain.
- Trump is rebuilding tariffs after a Supreme Court setback.
- New tariffs cover nearly all US imports.
- Economic benefits remain uncertain.