The media allowed the preservation of US trade measures even in the event of a court decision against tariffs
- Новости
- World
- The media allowed the preservation of US trade measures even in the event of a court decision against tariffs
The White House will switch to other trade tactics and maintain restrictions, even if the US Supreme Court declares the imposition of duties by US President Donald Trump illegal. This was reported on November 6 by the Reuters news agency.
"If the Trump administration loses, it will simply apply other trade laws, and this point of view is widely shared by trade lawyers, senior officials of the presidential administration, importing companies and analysts," the material says.
According to Natixis analyst Christopher Hodge, Trump will be able to move to trade legislation that provides clearer powers in the area of duties, including section 232 of the Trade Expansion Act of 1962 and section 122 of the Trade Act of 1974, which allows temporary 15 percent duties for a period of 150 days.
As a result, there is a threat of "additional chaos" in the international market, while companies "have no idea" about the possible return of more than $ 100 billion previously paid, the newspaper notes.
Earlier, on November 5, The Washington Post reported that the US Supreme Court was skeptical about the legality of the grounds for the imposition of customs duties by the Trump administration. It was clarified that the judges subjected the lawyer of the US presidential administration to a "harsh interrogation" during the proceedings for more than two and a half hours.
All important news is on the Izvestia channel in the MAX messenger.
Переведено сервисом «Яндекс Переводчик»