Steel, de minimis & China: Court declares ‘most’ Trump tariffs illegal - what levies are spared
A US court has deemed most of Donald Trump's reciprocal tariffs illegal. However, sector-specific tariffs like those on steel and aluminum remain. These tariffs are central to Trump's trade strategy. Tariffs on Chinese imports, maintained by Joe Biden, are also unaffected. The elimination of the 'de minimis' exemption impacts small businesses. The administration may appeal to the Supreme Court.
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