Trump, Plan B and tariff
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2don MSN
White House officials are already plumbing the depths of the U.S. legal code to find ways to get around judicial orders and carry out President Donald Trump’s plan to impose massive import taxes on goods from nearly every country on the globe.
The Trump administration has confirmed that the tariffs announced under President Donald Trump will proceed, with no plans to extend the 90-day tariff pause
For some small businesses, the last week brought even more twists and turns to the past two months of President Donald Trump’s chaotic tariffs.
After a US court ruled against the basis of his sweeping tariffs, former President Donald Trump’s administration is now turning to an obscure clause in the 1974 Trade Act. The new “Plan B” would permit short-term duties of up to 15 per cent for 150 days,
Trump administration may use rarely invoked US Trade Act of 1974 to impose temporary 15% tariffs for 150 days after a court ruling questioned its earlier legal authority
A day after Trump received a jolt with the US trade court blocking his ‘Liberation Day’ tariffs, an appeals court reinstated the levies, giving the US president a temporary reprieve at least until June 5.
The president’s team is preparing a Plan B to impose new tariffs with another law if the International Trade Court ruling is not overturned