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Is This the Last Stand for Trump’s Tariff Wall? Why His Third Wave Of Import Taxes Isn’t Fazing the Economy
President Donald Trump speaks at a White House press conference in February, just after the Supreme Court struck down the sweeping tariff regime enacted in April 2025.Credit: Kyle Mazza / Getty ImagesKey TakeawaysNew tariffs on 60 trading partners replaced an expiring global tariff last week with rates of 10% or 12.5%.Importers immediately filed lawsuits after the tariffs took effect, arguing they revived a tariff regime the Supreme Court already struck down.President Donald Trump’s newest tariffs landed last week with little effect on markets or prices, and importers sued to overturn them…
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