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Trump Says US Would Be on 'Brink of Economic Catastrophe' Unless Justices Rule His Tariffs Are Legal
President Trump urges the Supreme Court to uphold tariffs imposed under emergency powers, citing $159 billion in revenue by August and risks to trade negotiations and national security.
- President Donald Trump has requested a fast-track ruling from the Supreme Court to affirm his power to impose tariffs, stating that the country would be on 'the brink of economic catastrophe' without them.
- The U.S. Court of Appeals for the Federal Circuit ruled that Trump exceeded his authority in imposing tariffs under the 1977 law, which does not explicitly mention tariffs.
- Solicitor General D. John Sauer warned that eliminating the tariffs could lead the U.S. to a fiscal crisis, stating it could thrust America back to 'the brink of economic catastrophe.'
- Businesses have challenged the tariffs, claiming they are hurting U.S. companies and raising consumer prices, while some judges believe that the law does not grant Trump unlimited power over tariffs.
132 Articles
132 Articles
InsideNoVA.com
Bessent explains exactly why Trump wants quick ruling on tariffs
(The Center Square) – U.S. Treasury Secretary Scott Bessent told the nation's highest court that tariffs are the only way President Donald Trump can protect the U.S. from "a major economic and national-security catastrophe."
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U.S. President Donald Trump is seeking a swift and final ruling on the tariffs from the Supreme Court he helped shape, claiming the country would be "on the brink of economic catastrophe" without the import duties he has imposed on U.S. rivals and allies.
The president presses for a quick and final decision to the highest court questioning the legality of his trade measures
As Trump pushes Supreme Court to uphold his tariffs, he signals trade deals will be defunct if he loses the case: 'I guess we'd have to unwind them'
As President Donald Trump faces the potential for his tariffs to be struck down, he hinted the trade deals he had in place with partners such as South Korea and the European Union would unravel. He told reporters at the Oval Office on Wednesday the U.S. could become “unbelievably poor again” if courts do not uphold his import tax policies. President Donald Trump has signaled plans to end tentative trade agreements should his tariff policy be str…
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