“President Trump’s trade team is readying its Plan B,” the Wall Street Journal reports.
“The administration’s tariff strategy was undermined when a court this week found it was illegal for Trump to impose sweeping duties by using emergency economic powers. A federal appeals court on Thursday allowed his duties to stay in effect while the administration’s appeal moves forward, but U.S. officials are weighing their options should they need to find a new legal authority to impose the president’s steep tariffs, which he argues will help rebalance trade in America’s favor.”
“The potential pivot reflects the challenges to Trump’s aggressive trade policy, which relied on a novel interpretation of trade law. Typically, tariffs are imposed using targeted authority delegated to the president by Congress, but Trump’s team relied on little-used emergency powers to impose the bulk of his wide-ranging second-term tariffs quickly.”
“With that strategy under threat, the president’s team is weighing a twofold response.”
Washington Post: Trump’s use of emergency law to enact tariffs imperils trade war strategy.
Bloomberg: Trump’s tariff options slower, more complex if court fight fails.
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