FT大视野

Trump loses his trade superpower

‘Tariff man’ wants to recover from a wounding Supreme Court ruling. But Congress is restive and voters are unhappy

When Donald Trump threatened tariffs against the US’s Nato allies in a dispute over Greenland in January, London was rattled, the EU held emergency meetings and thousands took to the streets in Denmark.

When, just three months later, he announced 50 per cent duties against countries selling arms to Iran, without “exclusions or exemptions”, his comment was quickly brushed aside.

The difference was down to a judicial decision about presidential power. 

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