Trump would quickly replace tariffs after court action, New York Times reports
The administration plans to reinstate tariffs immediately using other levies if the Supreme Court rejects emergency powers, ensuring tariffs remain central to trade policy, U.S. Trade Representative said.
- On Monday, President Donald Trump has a plan to replace tariffs immediately if the Supreme Court of the United States voids them, with Jamieson Greer saying the administration would `start the next day` to reestablish levies.
- The IEEPA underpinning his tariffs has been before the Supreme Court of the United States over the past year, and the court could revoke Trump's authority to use the 1977 law.
- Section 301 is the most obvious fallback, and Sections 232, 122 and 338 could be used but typically require investigations or reports, limiting presidential flexibility.
- Critics denounced the approach as a `brazen misuse of the emergency statute`, while legal experts said it is `not exactly a good look` for the Trump administration.
- On Capitol Hill, bipartisan bills like the FAIR Transition and Competition Act and Senator Bill Cassidy's Foreign Pollution Fee Act propose carbon border adjustments to tax carbon-intensive imports.
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Donald Trump's aggressive trade and tariff strategy has fractured the consensus among US corporate leadership, with powerful executives privately condemning what they view as unpredictable economic policy even as they maintain public loyalty to the Republican commander-in-chief.Trump's tariff regime, deploying levies on imports worldwide under emergency powers and targeting China, Canada, and Mexico, has triggered deep unease among CEOs who worr…
Trump’s trade negotiator says response to court loss would be immediate
WASHINGTON — If the Supreme Court strikes down President Donald Trump’s tariffs, the Trump administration plans to begin replacing them almost immediately with other levies, U.S. Trade Representative Jamieson Greer said in an interview.
UPDATE 1-Trump would quickly replace tariffs after court action, New York Times reports
UPDATE 1-Trump would quickly replace tariffs after court action, New York Times reports The administration of President Donald Trump would enact new tariffs almost immediately if the Supreme Court struck down sweeping global tariffs the president launched under an emergency law, U.S. Trade Representative Jamieson Greer told the New York Times in an interview published on Monday.The Supreme Court could rule on the tariffs in the coming weeks, a…
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