Reported about 14 hours ago
Prominent economists, including former Federal Reserve Chairs Ben Bernanke and Janet Yellen, are urging the US Supreme Court to reject President Trump's global tariffs, arguing they are founded on flawed economic assumptions and have significant negative repercussions. The group of nearly 50 economists contends that trade deficits are normal and that the tariffs will not resolve them, instead imposing costly impacts on families and the economy. As the Court prepares to hear oral arguments, the legal basis for these tariffs is being scrutinized amidst claims of potential national emergency.
Source: YAHOO