reuters.com
www.reuters.com

A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.

  • xyzzy@lemm.eeEnglish
    17·
    3 days ago

    More than two times. The US has used wide scale tariffs many times in the past, particularly in the 19th century and into the early 20th. They directly caused or were a significant contributing factor to a recession and FIVE depressions. The last one was the Great Depression.