Trump asks US supreme court to overturn trade tariffs ruling

6 days ago 1

Rommie Analytics

Move follows federal appeals court decision that sweeping ‘liberation day’ levies on imports had overstepped presidential powers

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Donald Trump has asked the US supreme court to overturn a lower court decision that most of his sweeping trade tariffs were illegal.

The US president filed a petition late on Wednesday to ask for a review of last week’s federal appeals court ruling in Washington DC, which centred on his “liberation day” border taxes introduced on 2 April, which imposed levies of between 10% and 50% on most US imports, sending shock waves through global trade and markets.

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