#TrumpTariffs
- *Economic Forecasts*: The Federal Reserve and the Organisation for Economic Co-operation and Development have lowered their GDP growth forecasts, citing expectations of an economic recession.
- *Negotiations*: The White House has begun negotiating trade deals, including tariff reductions with China and the United Kingdom.
Controversy and Legitimacy:
- *Declaration of National Emergency*: Trump declared a national emergency to justify the imposition of tariffs, which many economists and legal experts view as an overreach of executive power.
- *World Trade Organization Disputes*: Several countries have initiated disputes regarding Trump's tariffs with the World Trade Organization, but the United States has effectively paralyzed the organization's appellate body.
- *Legal Challenges*: There are still numerous cases pending in federal courts challenging Trump's authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA)².
