The U.S. Supreme Court did not make a ruling on Friday (January 9) regarding the Trump administration’s comprehensive tariff policy, and it is currently unclear when a decision will be reached. White House officials have revealed that if the Supreme Court rejects the President’s global tariffs, the government has a backup plan, which could almost immediately reinstate the tariffs.
The Trump economic doctrine and America’s tariff policy will have a long-lasting impact on the global economy in the next decade or even longer. Today, let’s delve into the underlying logic of Trump’s tariff policy.
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