On Thursday, a panel of federal judges on the Court of International Trade voted that President Trump’s 10% tariffs on most US imports are illegal.

    In a 2-1 vote, the court sided with a group of small businesses that argued that the law sidestepped the Supreme Court’s January ruling that struck down Trump’s blanket tariffs imposed under the International Emergency ​Economic Powers Act. Following that decision, the White House announced the 10% tariffs using Section 122 of the Trade Act of 1974.

    https://finance.yahoo.com/economy/policy/live/trump-tariffs-live-updates-us-opens-tariff-refund-portal-with-checks-expected-this-summer-223100182.html

    Posted by coinfanking

    1 Comment

    Leave A Reply