Legal setback throws U.S. tariff strategy – and global trade – into uncertainty


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: U.S. President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs in April.BRENDAN SMIALOWSKI/AFP/Getty Images America’s trade partners swept into Washington over the summer hoping to cement new pacts that would yield certainty for their exporters and prevent their economies from plunging into recession. Instead, they’re now facing the prospect of weeks of further chaos affecting trillions of dollars of global trade. Leaders from the European Union, Japan and other countries who cut commercial trade deals with the White House are now wondering whether those informal agreements will stick after a U.S....