The Economic and Legal Case Against Trump’s Tariffs
The Economic and Legal Case Against Trump’s Tariffs
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The Economic and Legal Case Against Trump’s Tariffs

🕒︎ 2025-11-03

Copyright The New York Times

The Economic and Legal Case Against Trump’s Tariffs

Andrew here in London with some of the DealBook team across the pond, Michael de la Merced and Bernhard Warner. There’s big M.&A. news: Kimberly-Clark will buy Kenvue, the maker of Tylenol, for more than $40 billion. We’ve got the details (and some questions). We’re also taking a look at the big showdown at the Supreme Court this week: The government will seek to defend President Trump’s authority to impose tariffs under the International Emergency Economic Powers Act. We’ve got a rundown of the arguments and the implications of the court’s decision. Also, what’s the Fed going to do next month? We take a look at the state of play. A legal showdown S&P 500 futures are up on Monday after the benchmark index notched its sixth straight month of gains. Corporate profits are holding steady, as is consumer spending.

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