Simi Jolaosho
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, it's hard, hard job, hard job.
Suffice it to say, it is highly unusual to see shootouts in open sea like that.
It's not something that happens every day.
It's something, frankly, that hasn't happened with Cuba in a very long time.
But we're going to find out.
We're not going to base our conclusions on what they've told us.
Listen now by searching for the documentary wherever you get your BBC podcasts.
He's introduced this 10% global tariff using a different authority called the Section 122, which allows the president to impose up to 15% for 150 days.
And then afterwards, Congress needs to approve the tariff's
existing beyond that.
The possibility of refunds of the tariffs that has already been paid by businesses wasn't mentioned in this Supreme Court ruling.
And even President Trump said it was a valid point when he was asked by a journalist earlier today on whether he would give that refund and said that he expects years of litigation to resolve this issue.
The Trump administration had in court arguments said that companies would receive refunds if the tariffs were considered unlawful, which they have been, but they might try and push back against that.
But remember, experts say that part of the tariff costs was passed on to consumers.
So even if tariff refunds are issued, companies might get that money back from the government, but that money likely won't reach consumers.
They're cautiously welcoming the ruling.
There's still this air of uncertainty.
So Canada's international trade minister said the tariffs were unjustified in the first place.
The Canadian Chamber of Commerce said Canada should prepare for new, blunter mechanisms being put in place by the Trump administration immediately.
and we've seen that with the 10% global tariffs that has been put in place today, the European Union trade spokesperson said they are watching Trump's next move and said there's a need for stability and predictability when it comes to trade.