A U.S. trade court made a surprising ruling by deeming the Trump administration's sweeping tariff measures under the International Emergency Economic Powers Act unlawful.
Experts are weighing in: Loyola University's Professor James Viator believes it will take over 90 days to resolve the issues, dealing a blow to Trump's key bargaining chips. Meanwhile, Willamette University's Professor Yan Liang warns that U.S. businesses are feeling the pressure as muddled trade policies, confusing supply chains, and unclear investment directions exact their toll.
As the case moves into the appeals process, uncertainty looms over future trade talks. Could this be the remix that reshapes the global trade playlist? Stay tuned for more updates! 🤔
Reference(s):
U.S. court halts tariffs: What it means for future trade talks
cgtn.com