Former President Donald Trump has cautioned that the United States could face a severe economic downturn if the Supreme Court rules in a way that limits presidential power to impose tariffs. In his statement, Trump argued that such a decision would undermine efforts to protect American industries and weaken the nation’s leverage in international trade negotiations. He emphasized that tariffs have played a crucial role in reshaping trade dynamics, particularly with major economies like China, and warned that rolling them back could lead to widespread job losses and factory closures. Trump maintained that strong trade measures are essential to maintaining economic sovereignty and preventing unfair practices by foreign competitors. While the legal debate centers on constitutional authority, Trump framed the issue as one of national economic security. Legal experts note that a ruling against executive tariff powers could prompt Congress to redefine trade policy frameworks, though such legislative action would likely be complex and time-consuming.
— news from Reuters
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Trump says US faces ‘economic disaster’ if Supreme Court rules against tariffs – Reuters
Trump says US faces ‘economic disaster’ if Supreme Court rules against tariffs Reuters