U.S. Supreme Court ruling offers little respite for global economy

Key Topics in this News Article:
News Snapshot:

While the U.S. Supreme Court’s ruling on Friday against President Donald Trump’s use of tariffs marks a clear setback for his use of trade levies as an economic weapon, analysts ?say it offers little immediate relief for the global economy. Instead, they expect another bout of activity-crimping confusion combined with near-certainty that Trump will seek other means to replace the raft of global tariffs now struck down as unlawful. In the meantime, a long list of uncertainties remains -including what new tariffs Trump ?will seek to impose, whether the funds from the annulled levies will have to be ?refunded, and…

  • This field is for validation purposes and should be left unchanged.
  • Newsletter to Your Inbox

    China intelligence delivered each week!

  • This field is hidden when viewing the form