Tariffs on China, Mexico, Canada, and EU
Imposed sweeping tariffs including on Chinese goods, Mexican and Canadian imports, and EU products. Goldman Sachs predicted tariffs would impair labor markets, trigger higher inflation and slow growth. Consumers absorbed 22% of tariff costs through June, projected to absorb 67% if trends continue.
Details
Imposed sweeping tariffs including on Chinese goods, Mexican and Canadian imports, and EU products. Goldman Sachs predicted tariffs would impair labor markets, trigger higher inflation and slow growth. Consumers absorbed 22% of tariff costs through June, projected to absorb 67% if trends continue.
Date Issued
2025-02-01
Type
Proclamation
Legal & Institutional Responses (2)
State Attorneys General Coalition - Multi-Front Pushback
23 Blue state AGs and D.C. regularly challenging the administration on multiple fronts: federal funding suspensions, privacy rights violations, tariffs, machine gun conversions, abortion access restrictions, and voter data demands. Individual AGs like CA challenged Marine deployments and IL challenged sanctuary city crackdowns.
Learning Resources, Inc. v. Trump — SCOTUS Strikes Down IEEPA Tariffs
The Supreme Court ruled 6-3 (Roberts writing, Thomas/Kavanaugh/Alito dissenting) that IEEPA does not authorize tariffs, finding the taxing power is reserved to Congress under Article I. The ruling invalidated all tariffs imposed under IEEPA authority, affecting over $130 billion in collected tariffs. The administration imposed replacement tariffs under Section 122 within hours.
Affected Agencies
- U.S. Trade Representative
- Department of Commerce
- Department of the Treasury