Tag: #TradePolicy
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US SUPREME COURT QUESTIONS TRUMP’S AUTHORITY ON SWEEPING TARIFFS IN HIGH-STAKES HEARING
The US Supreme Court justices, including conservatives, intensely questioned the Trump administration’s legal basis for imposing broad tariffs under the 1977 International Emergency Economic Powers Act (IEEPA). Over a two-hour hearing, Chief Justice John Roberts and others expressed skepticism about whether the president had the authority to bypass Congress on tariffs framed as national security…
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U.S. DELAYS TRUMP’S PHARMA TARIFFS, SHIFTS FOCUS TO PRESSURING COMPANIES
Pharma import tariffs postponed as U.S. aims to push manufacturers to build locally or cut prices. The Trump administration has postponed the planned 100% tariffs on branded pharmaceutical imports set for October 1. Instead, officials will prepare tariffs targeting companies that refuse to relocate production to the U.S. or lower drug prices. Originally, firms could…
