Trump's Tariff War in Jeopardy!?

[Sukla Sen]

<<The [US] Supreme Court ruled that President Trump exceeded his authority under the International Emergency Economic Powers Act by imposing sweeping global tariffs. The Act, intended for national emergencies, does not permit such tariffs and it was made very clear that Donald Trump went out of his way to impose the same.>>

(Ref.: <https://www.gulte.com/overseas/397174/big-blow-to-trump-supreme-court-says-no-to-tariffs>.)

Some Left pundits argue that Trump's madness is more apparent than real.

It's actually a well thought out policy shift on the part of "global capital" (or "global financial capital"?). (Ref., e.g.: <https://www.networkideas.org/2025/03/03/imperialisms-revival-strategy>, <https://www.project-syndicate.org/commentary/technofeudalist-ideology-emerging-from-neoliberal-rubble-by-yanis-varoufakis-2025-04>, <https://jacobin.com/2025/02/trump-tariffs-capital-workers-protectionism>.)

It implies that the great disorder that Trump has triggered in the Western power bloc led by America -- that had come up in the wake of WWII -- is an aspect of too little significance!

Never mind.

Now, that the ("godi") American Supreme Court -- three of its nine members being nominated by Trump himself on explicitly partisan considerations brazenly ignoring their controversial pasts -- has largely nixed Trump's global tariff policy, or rather his indiscriminate "tariff war" against the the rest of the world and, even more strikingly, the "friends", one'd very much like to know what it says about the well thought out policy direction of "global capital" (or "global finance capital" or whatever)!?

And Trump's (threatened) pushback against the Supreme Court order: <https://www.bbc.com/news/articles/cn8146l0n55o>?

Peace Is Doable

[Sukla Sen]

P.S.: Though the framework and key parameters have been agreed upon and publicly announced. Finalisation of the US-India trade deal is, reportedly, still ongoing, with the broader Bilateral Trade Agreement to follow.

So the demand for aborting the trade deal yet to be finalised, let alone signed and operationalised must be raised.

At the topmost of one's voice.

Peace Is Doable