US Supreme Court overturns Trump's tariffs

US Supreme Court nullifies Trump's trade tariffs

The US Supreme Court has declared illegal and cancelled most of the tariffs imposed by the president Donald Trump. This is reported by the NBC.

Court decision

According to the TV channel, the court concluded that a significant portion of the trade duties were imposed in violation of current legislation. As a result, the decision was a serious political blow to the Trump administration.

Details on the specific list of tariffs to be cancelled are currently being finalised.

Possible consequences

Experts suggest that the Supreme Court's decision may:

• to weaken the US protectionist trade policy;
• affect Washington's relations with key trading partners;
• to revise part of the White House's economic strategy.

Context.

Donald Trump's tariff policy has been one of the key elements of his economic policy and has caused long-running controversy both within the US and among international partners.