Marketplace All-in-one
Trump dusts off obscure legal authority for new tariffs
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:06:21
- More information
Informações:
Synopsis
Following Friday’s Supreme Court decision striking down a number of President Trump’s tariffs, the administration is moving to impose a global 15% tariff, with some exceptions for countries like Canada and Mexico. The tariffs, which are being levied temporarily under a statutory authority known as Section 122, will bring the average effective tariff rate to 13.7%, according to the Yale Budget Lab. Also on the program: Spain’s new plan to bolster its workforce by granting legal status to migrants living in the country illegally.