Trump's position is getting more headwind now. As the opposing countries stand their grounds, particularly China and the EU, you will likely be seeing more step-back from the US. Trump needs the market to stay good. He stands to lose more if the market collapse as his powerbase are the American oligaphs.

Trump's Team Plots Plan B for Imposing Tariffs

WASHINGTON -- President Trump's trade team is readying its plan B.The administration's tariff strategy was undermined when a court this week found it was illegal for Trump to impose sweeping duties by using emergency economic powers. A federal appeals court on Thursday allowed his duties to stay in effect while the administration's appeal moves forward, but U.S. officials are weighing their options should they need to find a new legal authority to impose the president's steep tariffs, which he argues will help rebalance trade in America's favor.The potential pivot reflects the challenges to Trump's aggressive trade policy, which relied on a novel interpretation of trade law. Typically, tariffs are imposed using targeted authority delegated to the president by Congress, but Trump's team relied on little-used emergency powers to impose the bulk of his wide-ranging second-term tariffs quickly.With that strategy under threat, the president's team is weighing a twofold response, according t
Trump's Team Plots Plan B for Imposing Tariffs

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