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Fortune
Fortune
Jason Ma

Trump's plan B to impose new tariffs is also illegal because a balance-of-payments deficit doesn't exist, trade experts say

Donald Trump Deficit Bryan Riley United States the Supreme Court
(Credit: AP Photo/Damian Dovarganes)

Just hours after the Supreme Court struck down President Donald Trump’s global tariffs on Friday, he signed an order to impose another package of levies under a different law that wasn’t affected by the court’s decision.

But economists and trade experts were quick to point out that Trump’s plan B for his tariff regime also has no legal basis.

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