World braces for new Trump tariff wave as US rebuilds trade wall with court-tested laws

The strategy worked for some time. But earlier this year, the US Supreme Court dealt it a major blow and struck down the tariffs. Now, Trump’s team is relying on older trade laws that have already been tested in courts, instead of the emergency powers law that was used for the earlier tariffs and later rejected by the Supreme Court. The latest move has placed tariffs of 10% to 12.5% on goods from 60 countries. The US says the countries have not done enough to enforce bans on products linked to forced labour. But this is only the start. More…