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Trump sued hours after new tariffs take effect, as experts say they may not hold up

Kevin Breuninger· ·3 min read · 0 reactions · 0 comments · 3 views
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Trump sued hours after new tariffs take effect, as experts say they may not hold up
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President Donald Trump's global "liberation day" tariffs were struck down in the courts, shattering the cornerstone of his trade agenda. On Friday, he declared that the U.S. will "immediately" start a 301 investigation into the EU in retaliation for the hefty fines it has imposed on U.S. tech giants. It was the latest in a flurry of tariff actions Trump has taken in recent days, including slapping 25% duties on Brazilian imports — also via Section 301 — and vowing 50% tariffs on some goods from Canada.

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CNBC — Top · Kevin Breuninger
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President Donald Trump's global "liberation day" tariffs were struck down in the courts, shattering the cornerstone of his trade agenda. Some trade experts say his newest duties could meet the same fate — and they've already caught their first legal challenge.The Trump administration on Friday imposed broad tariffs on goods from more than 80 countries, alleging they have failed to effectively prohibit the use of forced labor practices.The latest tariffs — applying to trade partners that cover 99.4% of U.S.

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