A U.S. federal court on Wednesday blocked President Donald Trump’s “Liberation Day” tariffs from going into effect, ruling that the president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the United States than they buy.

  • @WhatAmLemmy@lemmy.worldEnglish
    31•8 days ago

    The best part? All the price hikes announced to date will remain, even if any tariffs paid to date are refunded to every corporation.

    • @explodicle@sh.itjust.worksEnglish
      1•8 days ago

      This is why I like to remind everyone that inflation is a widespread increase in the cost of goods and services. There is no “greedflation” - that’s just inflation, and Republicans have been to blame for inflation all along.