Part 5/7:
- China Tariff: Additional tariffs targeting Chinese imports, building on the previous administration's actions that imposed tariffs on over $300 billion of Chinese goods, many of which have been retained under Biden’s administration.
Legal Implications of Tariff Imposition
If Trump decides to declare a national emergency and implement tariffs, legal challenges are expected. Critics argue that utilizing the IEEPA for this purpose could be contested in court. Given the precedent, the judicial process could extend for months, during which the tariffs might still be in effect. Although a court could freeze the implementation, outcomes are uncertain.