Trump warns tariff ruling puts US economy at RISK

Thumbnail

In a shocking turn of events, former President Donald Trump has issued a dire warning about the implications of a recent federal court ruling that declared most of his administration’s reciprocal tariffs illegal. The ruling, which accused Trump of overstepping his authority, has sent shockwaves through the economic landscape, with Trump asserting that the removal of these tariffs would spell disaster for the U.S. economy.

Taking to Truth Social, Trump stated that while all tariffs remain in effect for now, their potential elimination could render the nation “financially weak.” This stark warning comes as the Trump administration swiftly files an appeal against the ruling, which was a decisive 7-4 decision by the federal circuit court. The judges emphasized that the power to impose tariffs lies with Congress, not the president, under the International Economic Emergency Powers Act.

Legal experts are now closely monitoring the situation, as the Supreme Court’s involvement could further complicate the already tumultuous economic climate. The ruling has raised questions about the president’s ability to leverage tariffs not just for economic gain but also to influence foreign policy and national security matters.

This unprecedented legal battle, initiated by five small businesses and supported by twelve states, could have long-lasting ramifications for U.S. trade policies. The stakes are high, with potential repercussions for American businesses and consumers alike. As the Trump administration prepares for a fierce legal fight, the nation holds its breath, aware that the outcome could reshape the economic future of the United States. Stay tuned for updates as this story develops.

Related Posts

New wrestling league carries Hulk Hogan’s legacy

In a stunning turn of events, the wrestling world is on the brink of a monumental shift as the legacy of the legendary Hulk Hogan is set…

Dame Dash Shares A Video After Recently Having Surgery ‘Health Is The Wealth, Thanks For The Love’

Dame Dash, the iconic music mogul and entrepreneur, has just shared a startling update following his recent surgery, emphasizing the critical message that “health is the wealth.”…

Minneapolis Shooter’s Mother Makes a Shocking Move—Why Did She Hire a Lawyer Before Talking to Police?

In a shocking turn of events, the mother of the shooter responsible for the tragic attack at Annunciation Catholic School in Minneapolis has hired legal representation before…

Le chancelier allemand Friedrich Merz invité de Darius Rochebin|LCI

**Breaking News : Le chancelier allemand Friedrich Merz appelle à un renforcement urgent de la défense européenne** Dans une interview exclusive avec Darius Rochebin, le chancelier allemand…

Where is Trump? WH confirms Trump is alive after concerns grow

BREAKING: Concerns grow over President Trump’s whereabouts as social media erupts with “Where is Trump?” rumors. The White House has stepped in to quell the fears, confirming…

Charleston White DESTROYS Young Thug For Calling Gunna A Rat After Snitching Himself

In a fiery outburst that has sent shockwaves through the hip-hop community, Charleston White has unleashed a blistering critique of Young Thug, calling out the rapper for…