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I think this is an ELI5 question. The Supreme Court squashed all of Trumps sweeping tariffs. Then Trump comes along saying 10 percent global tariff isn't that what the SC just squashed? (lemmy.world)
submitted 8 months ago by to c/explainlikeimfive@lemmy.world
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Or is he really that dumb think ok they blocked tariffs on all the countries on my list. So I will one up them by doing a global tariff. Explain to me the thinking behind that? Sorry you have to debase yourself to understand Trump mind. no sarcasm.

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[–] 6 points 8 months ago

There's a mechanism in the law that allows for tariffs up to 15% for 150 days for trade deficits. So just wait 150 days for it to go away I guess.

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