The U.S. Court of International Trade on Wednesday struck down President Donald Trump’s worldwide reciprocal tariffs and ordered the administration to stop collecting them.
➡️ “The 90-day pause, like the rest of the tariffs, would no longer have any effect under the court's order once it's implemented,” said James Ransdell on The China Connection with Emily Tan.
➡️ The ruling deals a potentially serious blow to the Republican president’s economic agenda and ongoing efforts to negotiate trade deals with various nations.
Read the full report here: https://cnb.cx/43GB46J
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