Trump, Tariff Dividend
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President Donald Trump has warned that the Supreme Court will leave the United States “defenseless’’ and possibly “reduced to almost Third World status’’ if it strikes down the tariffs he imposed this year on nearly every country on earth.
President Trump has transformed U.S. trade policy. Here's how much of his tariff agenda is under threat at the Supreme Court.
Economists at UBS pointed to analysis done by the center-right American Enterprise Institute, which calculated that tariffs would have to be set at 42.5% to level out manufacturing imports and exports.
Mexico on Tuesday implemented a new tariff for sugar imports due to falling international prices and a risk of oversupply in the domestic market, according to the country's Official Gazette. The new tariff of 156% per kg applies to all types of sugar,
The Port of San Diego might have seen imports moderately increase from January through August in comparison to last year but things could still shake out differently by the end of 2025. At the end of 2024, the port had imported 2,391,618 metric tons, down 2.3% from 2023.
Mexico has imposed steep tariffs ranging between 156% and 210% on sugar imports, in an effort to protect domestic production and restore conditions of fair competition.
THE CHOSUNILBO on MSN
Trump Raises Tariff Refund Claim from $2T to $3T in 10 Hours
U.S. President Donald Trump has repeatedly raised the amount of tariff refunds he claims the U.S. would have to pay if the Supreme Court rules against him on the constitutionality of the tariffs, emphasizing that it would cause "severe damage to the nation" in an apparent attempt to pressure the Court.