US courts doubt Trump had tariff-tax authority
Kia ora,
Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news there was an unexpected turn in the US tariff situation late last week.
In a dramatic ruling, most of Trump’s global tariffs were declared illegal by a US appeals court that found he exceeded his authority in imposing them. He will almost certainly appeal to his Supreme Court.
Then, over the weekend we got the official Chinese PMIs for August and they extended the…
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