Worse - the economists lament - it could potentially trigger a global recession and cost even American families.
Now the legal fraternity in the US has equally entered the fray in totally rejecting Trump’s mind-boggling tariffs.
Many lawyers in the US have argued his justification for the imposition of tariffs - at least on Canada, China, and Mexico under the International Emergency Economic Powers Act (IEEPA) - purportedly based on an “extraordinary threat” from illegal immigration and drug trafficking may be legally flawed.
The lawyers also argued that IEEPA does not explicitly grant tariff authority at all.
Indeed, the words “duty” or “tariff”...