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Supreme Court Strikes Down Trump Tariffs, UK Businesses Face Uncertainty

Published 5 days, 4 hours ago
Description
US Supreme Court Strikes Down Trump Tariffs, Leaving UK Businesses in Uncertainty The US Supreme Court has nullified many tariffs imposed by former President Donald Trump using the International Emergency Economic Powers Act, leaving UK businesses in a precarious position amidst fresh uncertainty. While sector-specific tariffs on steel, aluminum, pharmaceuticals, autos, and aerospace remain intact, Trump has vowed to retaliate with a new ten percent global tariff and reintroduce the old ones through stronger legal paths. UK trade groups express concern, as Trump still has tools to target British exports and refunds for the over one hundred thirty billion dollars collected could take years to process. Despite the uncertainty, the UK government plans to continue supporting businesses and negotiating down barriers, confident that their top trading spot with the US will remain stable as details unfold. NordVPN — Online privacy & security thednn.ai/nord
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