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Reason
Reason
Peter Suderman

Tariff Man

Call of duties. After most of President Donald Trump's unilateral tariffs were struck down by the Supreme Court earlier this year, the president reinstated a sweeping global 10 percent tariff under a different—and also questionable—legal authority. But the new legal authority comes with a 150-day clock, meaning the reinstated tariffs would eventually expire.

Today, the 150 days are up. And as of yesterday afternoon at 4 p.m. in Washington, D.C., no one knew precisely what the next tariff regime would look like.

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