The Supreme Court’s ruling leaves Trumponomics facing major challenges

By Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City St George's, University of London

The decision by the US Supreme Court to rule most of Donald Trump’s “liberation day” tariffs illegal will have far-ranging consequences for the president’s economic agenda. Although the administration will find other ways to increase tariffs, their usefulness as a weapon of economic warfare will be diminished. And the issue – among the most unpopular of the president’s economic policies – will cause him serious political damage.

Trump’s first move following the ruling has been to impose a 15% tariff on all…

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