‘Do the American thing’—Neal Katyal takes on Trump after US President hikes tariff to 15% following Supreme Court ruling

In a significant move, U.S. President Donald Trump has escalated tariffs on imported goods to 15%, invoking Section 122 of the 1974 Trade Act. This decision follows a Supreme Court ruling that invalidated previous tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Prominent attorney Neal Katyal, who represented the opposing side in the Supreme Court case, criticized Trump's actions, urging a more judicious approach to trade policy. Katyal's legal arguments highlighted concerns over the President's authority to impose such tariffs unilaterally. This latest tariff hike reflects ongoing tensions in U.S. trade relations and underscores the complexities surrounding presidential powers in economic governance. As the global trade landscape evolves, the implications of these tariffs are likely to resonate beyond American borders, affecting international trade dynamics and relationships, including with key partners like India. Observers are closely monitoring how this development will influence both domestic economic conditions and global trade agreements, particularly amidst an already strained trade environment.
Originally reported by LiveMint. Read original article
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