30 April 2025
The Legal Authority (or Lack Thereof) for Trump’s Tariffs
The Trump tariffs have increased the average weighted U.S. tariff to 23% – a ten-fold increase from a year ago. Outside observers have been puzzled about how one person, even the U.S. president, has the power to single-handedly enact such sweeping changes to the U.S. and global economy. In fact, President Trump may not – and in my view, does not – have the power to impose most of his tariffs. Continue reading >>
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