The Supreme Court has curbed Trump’s ability to bully his allies. But tariffs were never going to end the US trade deficit

By Renaud Foucart, Senior Lecturer in Economics, Lancaster University Management School, Lancaster University

New US tariffs set at 10% have come into effect, days after the country’s Supreme Court blocked the bulk of President Donald Trump’s sweeping import taxes. The shock move came as a major blow to the president’s determination to rebalance US trade and bring manufacturing back home.

For more than 30 years, the United States has been importing substantially more goods and services from the rest of the world…

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