In a surprising twist for global trade, a U.S. trade court has ruled that the Trump administration's sweeping tariff measures under the International Emergency Economic Powers Act are unlawful. As the case moves into the appeals process, uncertainty looms over future trade talks.
Experts are speaking out. Loyola University's Professor James Viator notes that a swift resolution within 90 days appears unlikely, casting doubt on key bargaining strategies. Meanwhile, Willamette University's Professor Yan Liang warns that U.S. businesses are already feeling the impact of this policy uncertainty, with confusion around supply chains and a lack of investment clarity taking a serious toll.
This decision could resonate globally, affecting industries from tech gadgets to everyday consumer goods—areas that matter especially to our tech-savvy and socially conscious young professionals across South Asia and Southeast Asia. Keep an eye on this evolving story as the appeals process unfolds! ⚖️💼
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U.S. court halts tariffs: What it means for future trade talks
cgtn.com
