They are the tariffs that refuse to die. Anyone who thought the US president’s signature trade policy might be in tatters when the US Supreme Court ruled in February that last year’s so-called liberation day tariffs were illegal has had to think again. New duties of between 10 and 12.5 per cent on 60 trading partners announced last Thursday demonstrate that the president is not done with his policy, but is moving it into a new phase. The administration is aiming to rebuild its tariff wall on more durable legal foundations. Its latest measures rebuilt the baseline — and there are more to come.
这些关税似乎就是阴魂不散。任何在美国最高法院(US Supreme Court)今年2月裁定，去年所谓的“解放日”关税违法时，认为美国总统标志性贸易政策可能已支离破碎的人，如今都不得不重新思量。上周四宣布对60个贸易伙伴征收10%至12.5%的新关税，表明这位总统并未放弃这项政策，而是正将其推进到新阶段。美国政府正试图在更为稳固持久的法律基础上重建关税壁垒。其最新措施重建了基准，后面还有更多动作。