The U.S. Supreme Court has ruled that the core of the "Trump tariffs" is illegal.The policy of protecting U.S. industry and reviving manufacturing by imposing high tariffs on foreign products had already begun to show signs of limitation, and the administration suffered a complete defeat in the latest court ruling.The tariffs levied by President Donald Trump have pushed up the prices of imported goods, adding to inflationary pressure in the United States. The Federal Reserve Bank of New York released an analysis saying that U.S. consumers and firms bore 90 percent of the cost.Since Trump to…READ FULL ARTICLE
