#US #SupremeCourt #ruling against #Trump #tariffs

Xcerpt: According to the pre-ruling budget plan, the tariffs were #expected to #generate approximately $ 3 #trillion over the next nine years, and the decision jeopardizes at least half of that planned amount. ...
Trade agreements that have already been signed, said a US Trade Representative, will continue to be taxed in accordance with the rates already established—some of which are even higher than the current rate.

https://www.inss.org.il/social_media/the-supreme-court-ruling-against-trumps-tariffs/

The Supreme Court Ruling Against Trump’s Tariffs | INSS

The Supreme Court of the United States ruled by a 6–3 majority on Friday that President Trump exceeded his authority when he imposed broad tariffs on a range of countries. The ruling constitutes a significant blow to Trump’s foreign and economic policy agenda. In response, Trump sharply attacked the justices and emphasized that he has … Continued

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