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Supreme Court axes tariffs; Trump responds with new global rate

10% global duty could lift the average US effective tariff rate to 16.5%

Bloomberg News

President Donald Trump rushed to salvage his signature tariffs after the Supreme Court struck down his global duties, pledging he would use different tools to work around the ruling and preserve import taxes he has cast as essential to his economic and foreign policy. The president said Friday he planned to impose a flat 10% […]

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