China calls on US to cancel Trump-era tariffs following Supreme Court ruling
China urges the US to cancel tariffs imposed by Trump after a Supreme Court ruling struck down many of his tariff measures.
In a recent development, China has called on the United States to abolish the unilateral tariffs initiated by former President Donald Trump, following a landmark ruling by the US Supreme Court. The court's decision, which passed with a 6-3 majority, concluded that Trump lacked the lawful authority to impose tariffs under a 1977 law that has been the basis for several of his tariff actions. This ruling is seen as a significant turning point in the ongoing trade tensions between the two nations, where tariffs have played a major role in the strategic economic relationship.
In response to the Supreme Court's ruling, Trump expressed his discontent by announcing new global import duties, initially set at 10% and later increased to 15%, using a different legal framework. This move highlights Trump's insistence on safeguarding American economic interests, despite judicial setbacks. The reinstatement of tariffs under a new law suggests a continuation of economic confrontations between the US and China, raising questions about the future of trade policies and diplomatic relations.
China's Ministry of Commerce has stated it is currently conducting a "comprehensive assessment" of the implications of these developments. As the backdrop of US-China relations continues to evolve, the call for tariff cancellation reflects China's commitment to improving trade conditions. Analysts believe that the interaction between domestic policies and international trade law will remain a focal point, influencing both American economic strategies and global market responses.