Trump Warns of US Economic Ruin if Courts Rule Against Tariffs
- On June 2, 2025, President Trump warned on Truth Social that the U.S. could face economic ruination if courts invalidate his April tariffs.
- This warning followed a unanimous U.S. Court of International Trade ruling that only Congress has authority to impose tariffs, though the ruling was temporarily stayed.
- Trump raised steel tariffs from 25% to 50%, promoted a trade deal with Japan’s Nippon Steel, and criticized China for not lifting its rare earth mineral ban.
- Commerce Secretary Howard Lutnick expressed confidence that the president will prevail as usual, emphasizing that tariffs will remain in place.
- Although facing ongoing legal challenges, the Trump administration continues to maintain a positive outlook, while investors have demonstrated steadiness during a notably strong stock market showing in May.
63 Articles
63 Articles
Trump Threatened Tariffs On Apple And Mattel— Why Mattel Could Slide Free But Apple Might Not - Apple (NASDAQ:AAPL), Hon Hai Precision (OTC:HNHAF)
In May, President Donald Trump threatened to slap tariffs on Apple Inc. (NASDAQ:AAPL) and Mattel Inc. (NASDAQ:MAT) over their hesitance to bring manufacturing back to the U.S. Now, experts are debating whether he actually has the legal power to follow through. What Happened: These company-specific tariff threats could potentially face legal challenges, particularly in light of a recent decision by the U.S. Court of International Trade that quest…
Taco Trump just did it again
Donald Trump has done it again — said something so utterly and astonishingly stupid that it left many people stunned. This is becoming a regular occurrence. On Truth Social, the place spoiled orange traitors go to wail, Trump declared that blocking his tariffs would swiftly bring about “economic ruination.” This is because, the orange one explained that it would allow other countries to: “hold us hostage” with retaliatory tariffs, thus causing i…
Trump Admin Exploring Other Tariff Tools Amid Ongoing Legal Battles
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Trump Lays the Groundwork for Blaming Economic Downturn on Everybody Else - WhoWhatWhy
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US in a Position of Power Win the Trump Trade War
Multiple economists support President Donald Trump’s “Liberation Day” — and have just two words for the detractors who argue the tariffs risk a worldwide recession, empower China, and put the U.S. on a collision course: Toughen up. Trump, these supporters note, has moved at warp sweep since returning to the White House to upend Biden era policies that destabilized the United States — starting by swiftly ending illegal immigration via an open bor…
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