Trump tariffs lead to better deals for US companies despite Court decision
Two courts ruled against the tariff policy enacted by President Donald J. Trump. On Wednesday, the U.S. Court of International Trade ruled that Trump’s tariff policy was unlawful, blocking a central tenet of the president’s agenda on the economy and trade. The Liberation Day reciprocal tariffs led to scores of nations lining up to renegotiate their deals. We’ve already inked our new one with the United Kingdom. D.C. District Court Judge Rudolph Contreras also ruled earlier today that the tariff policy was illegal, though he stayed his decision for 14 days to allow for the appeals process.
Yet, before the anti-Trump clown could celebrate, a federal appeals court, the full 11-member panel, stayed the ruling from the Court of International Trade, allowing for the tariffs to remain in place for now—a significant win (via NY Post)....
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The tariffs were an effective way to get better deals from trading partners and they still are despite the attempts of courts. The courts should get out of the way. It is in the interest of the US to get the better deals Trump is getting.
See also:
Trump tariffs back on after appeals court slams brakes on trade court’s ban ./
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