Trump Reacts After Court Setback on Tariffs: What’s Next for His Trade Policy?
US President Donald Trump wrote on social media that all tariffs are in place. A biased court has given a completely wrong decision regarding our defeat but in the end America will win. If trading is stopped at any cost, it will be a disaster for America
Donald Trump Responds to the Court's Tariff Dispute Decision
US President Donald Trump claimed that he has very little power to bypass Congress and impose sweeping taxes on foreign trade posts. But an appeal in the US court put a big hurdle in his way. This Friday, the Court of Appeals for the Federal Circuit ruled that Donald Trump had crossed the limits of his rights by declaring a national emergency and imposing sweeping import taxes on many countries of the world. And now his arbitrariness will not be tolerated. At the same time, the US President has come to this decision of the court.
On Saturday, 30th August, the court which reprimanded Donald Trump by terming his tariff policies illegal, US President Donald Trump strongly countered the court's decision and taking a big decision said that America's tariff policy with all countries is still intact. He also said that he should appeal against this court's decision in the Supreme Court. Along with this, Trump also said that if this happens, America may have to face a big disaster.
Trump's response to the court on social media
US President Donald Trump wrote on his social media handle that all tariffs are still in force. The court, which gave a one-sided decision, took the decision in a completely wrong way and regarding our point of getting the tariff, America will win. If it is quashed, it can create a disaster-like problem for America. If it is quashed, America will become economically very weak.
He also said that on Labor Day weekend, we should remember that tariffs are the biggest weapon for American workers and companies making Made in America products. Now we hope from the Supreme Court that we will use the tariff for the benefit of the country and make America a powerful and strong country.
Trump gets chance to appeal to Supreme Court
Trump gets the chance to appeal to the Supreme Court. The judgment essentially affirmed a May decision by a special federal trade court in New York, but the 7-4 appeals court rejected the part that called for immediate tax repeal gives the Trump administration plenty of time to seek an appeal with the US Supreme Court. The court's judgment was a big blow for Trump, whose unpredictable trade policies have roiled financial markets, thrown businesses into turmoil, and stoked fears of price hikes and weaker economic development.
The court's decision was focused on the tariffs that Trump had imposed on almost all trading partners in April, and before that on China, Mexico, and Canada. On April 2, Trump imposed so-called reciprocal tariffs of up to 50% on countries with which the US has a significant trade deficit, and 10% of existing tariffs on almost all others.
There were also some countries that had sided with Trump in order to avoid heavy taxes. These countries included the United Kingdom, Japan, and the European Union. Countries that did not bow down or did not agree to Trump's terms and incurred Trump's ire faced heavy tariffs at the start of the 19 months.
Give your opinion in the comment, was this decision of Trump right or wrong and will this decision destroy America ? What do you think? Stay tuned for such super Fast and news.