US Elections
fromwww.dw.com
1 week agoUS court deals fresh blow to Trump's 10% tariff policy
A US trade court ruled Trump’s new 10% global tariffs unlawful, finding the administration lacked justification under Section 122 of the Trade Act 1974.
In a separate Labor Day interview with the Washington Examiner, Bessent said that President Trump may declare a national housing emergency this fall in response to soaring prices and limited supply. Bessent did not specify actions Trump may take beyond possibly declaring a national emergency, but he suggested that administration officials are directly studying ways to standardize local building and zoning codes and decrease closing costs.