Trump, EU and Trade Deal
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President Donald Trump’s trade deals are illegal, Piper Sandler flatly declares in a new research note. The investment bank analyzed ongoing court battles and legislative authority, and concluded that Trump’s reliance on the International Emergency Economic Powers Act (IEEPA) to impose wide-ranging tariffs and cut bilateral deals far exceeds the powers granted by Congress.
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Trump Seeks Even Higher Tariffs: 'Between 15 Percent and 50 Percent' on Imports From All Countries
The post Trump Seeks Even Higher Tariffs: 'Between 15 Percent and 50 Percent' on Imports From All Countries appeared first on Reason.com.
President Donald Trump arrived in Scotland on Friday afternoon to visit both his Turnberry and Aberdeen golf properties. Trump is also set to meet with British Prime Minister Keir Starmer to discuss trade and refine a deal they announced in June to slash tariffs and expand market access between the two countries.