How Canada, UK and others reacted to US Supreme Court ruling on Trump tariffs — 'Tax unjustified'
The US Supreme Court has struck down tariffs imposed by former President Donald Trump, which were enacted under a national emergency statute. This landmark decision marks a notable legal setback for Trump, who had argued that the tariffs were necessary for national security. In response, several countries, including Canada and the UK, have expressed approval of the ruling, describing the tariffs as unjustified and detrimental to international trade relations. The tariffs had a significant impact on various sectors, leading to increased costs for consumers and businesses alike. The ruling is expected to reshape trade dynamics, as nations previously affected by these tariffs may now have greater opportunities to engage in fairer trade practices. This decision not only reflects a shift in legal interpretation regarding national emergencies but also highlights the ongoing tensions between the US and its trading partners. The ruling has been welcomed by advocates of free trade, who argue that it will foster a more equitable global market and encourage cooperation among nations.
Originally reported by LiveMint. Read original article
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