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On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week.
There has been something of a shift in the conventional wisdom about President Donald Trump’s tariffs of late.
The Trump administration’s tariffs are facing a major challenge in front of federal judges. Meanwhile, Mexico got a 90-day reprieve from higher rates.
During a lengthy oral argument, judges were skeptical that Trump had the power to use an emergency law to enact the tariffs.