According to the Supreme Court, Congress, not Trump, should decide on general tariffs.
“I feel reassured that the conservative majority on the Supreme Court is choosing to uphold the provisions of the U.S. Constitution,” said Robert Bergqvist.
– From a constitutional point of view, this amputation is extremely important.
When tariffs are deducted Then prices in the US could fall more quickly, which would have a positive impact on growth and inflation in the short term.
– The problem is that we don’t know what Donald Trump’s next move is.
Bergqvist believes that the constitutional dimension is still many times more important than the economic effects.
– The point is that Trump is trying to expand presidential power in various ways. Not least in the area of trade policy. This is a clear setback for him.
The background to the HD decision is that more than 1,000 different US companies have pursued the case in court, demanding compensation for the global tariffs that Trump announced last April
– American importers in particular had to pay for these tariffs. It remains to be seen whether they will get their money back.
