President Donald Trump said new U.S. tariffs are “doing the same thing” as the ones the Supreme Court struck down as illegal earlier this year. Days earlier, a federal lawsuit accused the Trump administration of misusing Section 301 and other statutes in order to resurrect the president’s global tariff regime. Trump also said he would rather the U.S. leave its trilateral trade deal with Canada and Mexico, known as USMCA, than renegotiate it. He dismissed fears that his tariffs, which are taxes on imported goods, could hurt the economy. U.S.
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President Donald Trump said new U.S. tariffs are “doing the same thing” as the ones the Supreme Court struck down as illegal earlier this year. Days earlier, a federal lawsuit accused the Trump administration of misusing Section 301 and other statutes in order to resurrect the president’s global tariff regime. Trump also said he would rather the U.S. leave its trilateral trade deal with Canada and Mexico, known as USMCA, than renegotiate it. He dismissed fears that his tariffs, which are taxes on imported goods, could hurt the economy. U.S.
