What the Supreme Court's decision to strike down tariffs means for L.A.'s trade-dependent economy

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The Supreme Court’s decision Friday to strike down the majority of tariffs imposed by President Trump could provide some relief to L.A.’s trade-reliant economy — but only if they are not reimposed again through other means.The court’s 6-3 ruling that Trump didn’t have the authority to impose tariffs under the International Emergency Economic Powers Act rolled back levies that have upended international trade.“We’ve seen that the tariffs have a significant impact on our supply chain, on our manufacturers and especially on our port logistics and trade sector,” said Stephen Cheung, chief executive of the nonprofit Los Angeles County Economic Development Corp.“I think this decision will have a significant impact on the Los Angeles economy.
However, it’s going to take a long time to unravel, so we’ll see specifically how everything is going to pan out,” he said.Business Port of Los Angeles Executive director Gene Seroka outlined upcoming infrastructure and climate investments at the 11th annual State of the Port.The tariffs dealt a blow to a large swath of businesses in Southern California and across the state, including farmers, automakers, home builders, tech companies and apparel retailers.
MGA Entertainment, the Chatsworth maker of Bratz dolls, said a little more than half of its products are made in China, while hardware and lumber seller Anawalt in Malibu said the majority of its lumber comes from Canada and nearly all of its steel products are made in China.Business Business owners around the state struggle to keep up with an ever-changing slew of trade policies.During a news conference Friday following the decision, Trump said that under other legal authorities he would impose a 10% global tariff and pursue additional levies, including a possible 30% tariff on foreign cars.
Later in the day he signed an order imposing the 10% tax, which takes effec...