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Raimondo: 'Appropriate' China Tariffs Possible After Court Ruling

Bloomberg Markets •
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Former Commerce Secretary Gina Raimondo said there may be a path to implement 'appropriate' tariffs on China following the Supreme Court's decision to strike down global tariffs from the Trump era. Speaking on Bloomberg's 'The Close,' Raimondo discussed the implications of the court ruling that invalidated broad tariff authority.

Raimondo, who served as Commerce Secretary during the Biden administration, suggested the decision doesn't eliminate tariff options entirely. The ruling specifically addressed the scope of presidential authority under the International Emergency Economic Powers Act, which the court found insufficient to justify sweeping tariffs on multiple trading partners simultaneously.

The Commerce Department's former leader indicated that more targeted tariff measures could still be pursued if properly justified under existing trade laws. Her comments come as trade tensions between the U.S. and China continue to simmer, with both nations maintaining significant economic leverage over each other. The Supreme Court decision creates a more constrained framework for future tariff actions, requiring clearer legal justification for trade restrictions.