American Tariff Chaos
Despite being seemingly predictable, the world was shaken by the decision of the Supreme Court of Justice of the United States last week, which declared illegal the massive tariff increases that Trump introduced unilaterally and arbitrarily starting in April 2025. According to the Supreme Court, the legal basis Trump used to apply these tariffs, the 1977 International Emergency Economic Powers Act (IEEPA), does not contemplate the use of tariff taxes by the President of the Republic, as this authority belongs to the American National Congress.