Walter Bloomberg
2025.05.29 12:48

🔸 GOLDMAN: TRUMP TARIFFS BLOCKED, BUT ALTERNATIVES AVAILABLE

A U.S. court struck down Trump-era tariffs under IEEPA, halting a 6.7-point increase on goods from China, Canada, and Mexico. Goldman Sachs says the ruling is a setback but not the end of tariffs.

KEY TAKEAWAYS:

The court gave the Trump administration 10 days to stop collecting the blocked tariffs.

Other legal tools still allow tariffs:

🔸 Sec. 122: Quick 15% tariffs for 150 days.

🔸 Sec. 301: Longer-term tariffs after investigations.

🔸 Sec. 232 & 338: Sector-specific and retaliatory tariffs.

The White House may reimpose tariffs soon under different laws.

Despite legal hurdles, most tariff revenue is still expected to materialize.

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