Trump Defiant on Tariffs Even After Court Decision
Over the last few years, tariffs have been one of the most discussed aspects of U.S. trade policy. A tariff is just a tax imposed by the government on goods imported from other country. The theory is simple: if foreign goods are made Higher prices because to the tax, domestically produced goods Could seem less expensive by contrast. This could make citizens purchase more locally and save U.S. industries. Former President Donald Trump used prices in tandem of the major pillars of his economic policy. His tenure saw him impose tariffs on all way of goods, especially those from China. His argument was that China and other country were not playing by fair means with the U.S., and such tariffs would force them to enter into more favourable trade agreements. But trade policies tend to get into legal trouble, and that's What took place here. There was a recent U.S. court ruling against some of Trump's tariff actions, leading one to wonder if they could Proceed as usual. Cou...