Phyrex
Phyrex|May 29, 2025 12:21
Goldman Sachs has just issued a document: although Trump tariff is blocked, there is an alternative According to the International Emergency Economic Power Act (IEEPA), the US court overturned the tariffs in the Trump era and stopped the increase of tariffs on goods from China, Canada and Mexico. Goldman Sachs stated that this ruling is a setback, but not the end of tariffs. Main points: The court gave the Trump administration 10 days to stop imposing the blocked tariffs. Other laws that still support tariffs include: Article 122: Quickly impose a 15% tariff for 150 days. Article 301: Long term tariffs implemented after investigation. Articles 232 and 338: Targeting specific industries and retaliatory tariffs. The White House may soon reintroduce tariffs based on different laws. Despite facing legal obstacles, it is expected that most of the tariff revenue will still be realized. At present, the Trump government has appealed against the court decision, and the case may eventually be submitted to the Federal Circuit Court of Appeals, or even the United States Supreme Court. During this period, some tariff measures may still be implemented through other legal channels. So the tariff issue has not ended yet, but in general, Trump has indeed encountered setbacks, which is also a good warning to him who has been pulling the plate with his mouth. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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