Trump Warns of Economic Chaos if Tariffs Are Struck Down by Courts

TL;DR Summary
President Trump and his advisers are contesting a federal appeals court decision that invalidated many of his tariffs, arguing that losing the ability to impose tariffs under the International Emergency Economic Powers Act would harm the U.S. economy and military power. The administration plans to appeal to the Supreme Court, but a loss could lead to significant financial and diplomatic repercussions, including the potential need to refund billions in tariffs and the unraveling of trade deals.
Topics:top-news#court-ruling#international-emergency-economic-powers-act#politics#supreme-court#trade-policy#trump-tariffs
- After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs The New York Times
- Tariff legal troubles, Kraft Heinz splits, another Spirit bankruptcy and more in Morning Squawk CNBC
- Trump Tariff Case Ups Ante at Supreme Court The Wall Street Journal
- Donald Trump Says $15 Trillion Investment In US Will Be 'Immediately Cancelled!' If Courts Strike Down Tariffs: 'Would Become A Third World Nation' Yahoo Finance
- Bessent expects Supreme Court to uphold legality of Trump's tariffs but eyes Plan B Reuters
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