The U.S. Supreme Court ruled that Trump's tariffs are unconstitutional, with India and China possibly being the biggest beneficiaries.

Xinhua News Agency of Singapore wrote today (February 23): "As the U.S. Supreme Court ruled last week that the Trump administration's tariff policy was unconstitutional, countries that were hit hardest by tariffs, including China and India, have now become the biggest beneficiaries."

[Witty] Comment: Whether China and India are the biggest beneficiaries still needs to be observed. However, there are already American allies expressing dissatisfaction, such as Australia, which has seen new tariffs higher than the old ones. (Figure two is a comparison chart from The New York Times showing the old and new tariffs.) In addition, it must be emphasized that the Trump administration bypassed Congress to impose tariffs recklessly, attempting to use power to disrupt the global trading system and maintain its hegemony. Now, it has been rejected by its own judicial system, which is a case of reaping what it sowed.

Original text: toutiao.com/article/1857903396489411/

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