In a dramatic turn of events, the Trump administration is vowing to battle a federal appeals court ruling declaring most of Donald Trump’s tariffs illegal, with Treasury Secretary Scott Bessent confidently asserting, “We’re going to win.” This bold declaration comes as the White House attempts to highlight a surge in U.S. investments, claiming $8 trillion in new capital and hundreds of thousands of job creations, despite earlier misleading figures.

The appeals court’s ruling has thrown the future of Trump’s trade policies into chaos, igniting fears of financial instability and uncertainty among business leaders nationwide. As the administration prepares for a potential Supreme Court showdown, questions loom over the president’s authority to impose tariffs without congressional approval, raising constitutional concerns that could redefine the power dynamics in trade policy.

Economists are sounding alarms about the disruptive effects of these tariffs, with many expressing skepticism about their legality and efficacy. The uncertainty has left businesses—both big and small—grappling with an unpredictable economic landscape. As the administration touts rising small business confidence and increased household incomes, critics warn that the court’s decision could nullify existing trade agreements, leading to a cascade of financial repercussions.

With the midterm elections approaching, the stakes are higher than ever. Will the Trump team succeed in their legal battle, or will this ruling unravel the economic gains they claim to have achieved? As tensions rise and markets react, all eyes are on the Supreme Court to settle this contentious issue. The clock is ticking, and the implications of this ruling could reshape the American economy for years to come. Stay tuned for updates as this story develops.