Courts Keep Striking Down Tariffs. Why Aren’t Prices Dropping Too?Courts Keep Striking Down Tariffs. Why Aren’t Prices Dropping Too?Courts Keep Striking Down Tariffs. Why Aren’t Prices Dropping Too?
Gemini / GoogleA federal court delivered another setback to President Donald Trump’s trade agenda, ruling against the 10% tariff he imposed to replace tariffs struck down by the Supreme Court — but consumer prices are still unlikely to fall as the Iran war carries on and the administration looks for other ways to implement tariffs. The Court of International Trade ruled 2-1 on May 7 that Trump’s February…