Why Trump's Liberation Day tariffs increasingly look like a costly mistake
- Posted on September 18, 2025
- By Business News Today
- 3 Views

Why Trump's Liberation Day tariffs increasingly look like a costly mistake

President Trump's "Liberation Day" tariffs, implemented under the International Emergency Economic Powers Act (IEEPA), face legal challenges after a court ruling deemed them unlawful. The Supreme Court is expediting its review, potentially requiring the government to rescind tariffs affecting trillions in trade and costing billions in refunds.