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Trump's Tariffs Were Struck Down. Here's Why Your Prices Aren't Dropping.
The Supreme Court struck down President Trump's IEEPA tariffs last week — but don't expect prices to fall at the checkout line. In this episode, Mattie Duppler breaks down what the ruling actually means for your wallet, why the average tariff rate only dropped 3.5 percentage points, and what trade tools the administration is now using to keep tariffs in place. You'll learn the difference between Section 301, Section 232, and the new Section 122 tariff — and why that last one has a ticking clock on it.
Most importantly: two deadlines in July are about to collide in a way that could create more trade uncertainty, not less. The USMCA review on July 1st and the expiration of the new Section 122 tariff authority on July 24th together put over a trillion dollars in North American trade — and your home building costs, grocery prices, and investment decisions — on the line. With midterms approaching and voters typically locking in their economic outlook by July 4th, the outcome of this summer's trade showdown may matter more than any Supreme Court ruling.
Sign up for more insights and updates at www.mattieduppler.com
Follow Mattie on Instagram @MattieDC and Youtube @MattieDC
Hosted on Acast. See acast.com/privacy for more information.
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By Mattie DupplerThe Supreme Court struck down President Trump's IEEPA tariffs last week — but don't expect prices to fall at the checkout line. In this episode, Mattie Duppler breaks down what the ruling actually means for your wallet, why the average tariff rate only dropped 3.5 percentage points, and what trade tools the administration is now using to keep tariffs in place. You'll learn the difference between Section 301, Section 232, and the new Section 122 tariff — and why that last one has a ticking clock on it.
Most importantly: two deadlines in July are about to collide in a way that could create more trade uncertainty, not less. The USMCA review on July 1st and the expiration of the new Section 122 tariff authority on July 24th together put over a trillion dollars in North American trade — and your home building costs, grocery prices, and investment decisions — on the line. With midterms approaching and voters typically locking in their economic outlook by July 4th, the outcome of this summer's trade showdown may matter more than any Supreme Court ruling.
Sign up for more insights and updates at www.mattieduppler.com
Follow Mattie on Instagram @MattieDC and Youtube @MattieDC
Hosted on Acast. See acast.com/privacy for more information.