Economics weekly

Supreme Court’s tariff ruling reasserts separation of powers

The US Supreme Court decision late last week can be seen as positive for the US dollar, albeit increasing the US budget deficit is likely to provide a marginally negative impulse. Importantly, however, it reasserts the US separation of powers and adds a major obstacle (Congress) to President Trump’s tariffs agenda. We remain sanguine about the implications of US tariffs for Ireland’s favourable economic growth prospects.

• Kevin Timoney
• Morning briefing
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