By Kenneth Rapoza, Reporter/Columnist for Coalition for a Prosperous America
Trump's
April 2 Liberation Day tariffs may be on their last leg but should
the Appeals Court rule that the President’s use of the International Economic
Emergency Powers Act (IEEPA) to impose tariffs worldwide is illegal, the
America First trade agenda will live on. To date, Treasury Secretary Scott
Bessent and even the president himself have not broken a sweat about the
possibility of these tariffs being overturned. I assume they have a Plan
B. And I am sure Bessent knows how bad it would be if he was counting on $300
billion a year in tariff revenue to fund tax cuts and suddenly it all gets
watered down, with the threat of companies suing for tariff refunds. [more...]
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