Trump's Tariff Policies: Key Developments and Legal Challenges After Us Election 2024

Edited by: S Света

Since taking office, U.S. President Donald Trump's tariff decisions have led to global economic uncertainty.

In early February, Trump imposed 25% tariffs on goods from Mexico, Canada, and China, targeting issues such as illegal immigration and fentanyl. Significant tariff fluctuations continued as Trump negotiated temporary delays and exemptions while increasing duties on certain imports.

In May, a U.S. trade court blocked Trump's sweeping tariffs, ruling they were beyond his presidential authority. This legal pushback introduced further complexity in the economic landscape.

Sources

  • Devdiscourse

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