U.S. trade policy is facing some new uncertainty as a federal appeals court rules that most of President Trump’s sweeping tariffs were improperly imposed.
They will remain in effect while the decision is appealed up to October 14th.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s Tammi Arender about the International Emergency Economic Powers Act, the court’s rulings, and the big takeaway from the situation.
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$15 billion in U.S. energy, $4.5 billion ag products, 50 Boeing jets—plus a 19% tariff on Indonesian exports in exchange for U.S. market access.
Following an on-target CPI, the combination could suggest that inflation is cooling.
“Just a great, great day and I’m thrilled and honored to be a part of it.”
