Finance

Trump Scores a Win as Supreme Court Rejects Challenge to His Policy

By Daniel M

June 23, 2020

President Donald Trump on Monday racked up a win at the Supreme Court in an area that has been vital for the president — leveling the global trade field to help U.S. companies grow.

The American Institute for International Steel, a trade association that represents steel importers and companies relying upon imported steel, wanted Trump’s tariff thrown out.

The AIIS position was that Section 232 of the Trade Expansion Act of 1962, under which Trump acted in establishing the tariff, is unconstitutional, according to Fox News.