Trump, tariffs
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For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs.
After a US court ruled against the basis of his sweeping tariffs, former President Donald Trump’s administration is now turning to an obscure clause in the 1974 Trade Act. The new “Plan B” would permit short-term duties of up to 15 per cent for 150 days,
The president’s team is preparing a Plan B to impose new tariffs with another law if the International Trade Court ruling is not overturned
The report emerged a day after a federal appeals court temporarily allowed his duties to stay in effect following a trade court ruling to immediately block them.