Trump's Global Tariffs Face Legal and Economic Pushback

President Donald Trump is proceeding with sweeping new tariffs on dozens of countries, set to take effect at midnight, despite significant legal and international opposition. Legal challenges in federal appeals court, including those from 12 Democrat-led states and multiple businesses, argue that Trump is exceeding his authority under the International Emergency Economic Powers Act. While countries like South Korea, Japan, and the EU have negotiated last-minute agreements for more favorable terms, Brazil and India face notably steep tariffs, with Brazil's penalties partly linked to U.S. objections over the Bolsonaro trial. Many trading partners remain uncertain about their final tariff rates. The tariffs include a 10% global baseline rate, pushing U.S. tariffs to their highest average since the 1930s and raising concerns about inflation and economic slowdown. The outcome of ongoing legal battles may set precedent for presidential tariff powers in the future.