Supreme Court tariff ruling unlikely to make meaningful difference to construction equipment prices

Neither a US Supreme Court ruling to scrap certain trade tariffs imposed by Donald Trump, nor a subsequent move by US President Donald Trump to impose global tariffs of 15% are likely to have a meaningful impact on the cost of construction equipment in the US.

US Supreme Court justices voted 6-3 last week to strike down import taxes imposed by Trump, after finding that he had overstepped his powers using the International Emergency Economic Powers Act (IEEPA).

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