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May 29, 2025

Court Blocks Trump’s Tariffs, Administration Expected to Seek Alternatives

A U.S. trade court has ruled against former President Trump’s authority to impose extensive tariffs under emergency law. Economists from Goldman Sachs have speculated that the White House may quickly explore alternative measures to navigate this significant setback. The court’s decision emphasizes the legal constraints on executive power regarding trade policies. As the administration prepares to find a workaround, the implications for global trade dynamics will be significant. Observers will keenly watch the administration’s next moves in an attempt to mitigate potential economic impact.

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