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News Topical, Digital Desk : US President Donald Trump has made tariffs a central issue in his second term and has used them extensively in trade agreements with other countries. Now, the US Supreme Court has declared his tariffs illegal.
The decision could be costly for Trump.
This decision could prove costly for him, as the country is holding midterm elections this year. Trump has made tariffs the cornerstone of his economic proposals to woo voters in the upcoming midterm elections. He has promised to relocate factories from abroad and bring jobs with them.
Republican strategist said a big thing
It has also warned that if the tariffs are lifted, the US could be plunged into a deep recession. But Friday's decision could exacerbate political and economic chaos surrounding international trade during an election year. Republican strategist Doug Haye said the president is not going to be happy with this decision. "There are a lot of questions right now. This is a big blow," he said. "But Trump may find another way to advance his trade agenda."
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