The Sad Trombones Are Playing on Trump’s Tariff Parade

You have probably seen that a three judge panel of the  U.S. Court of International Trade has ruled that Trump’s tariffs are unlawful. So done and done, subject to appeal of course. Trump imposed the tariffs under a 1977 law called the International Emergency Economic Powers Act. The three judge panel said he greatly exceeded his powers. That means that most of the…

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