US President Donald Trump issued a stark warning on Sunday, following the legal challenge to his controversial tariff policy, claiming that blocking his emergency powers could bring a disaster for the American economy.
Taking to his social media platform, Truth Social, he wrote, “If the Courts somehow rule against us on Tariffs, which is not expected, that would allow other Countries to hold our Nation hostage with their anti-American Tariffs that they would use against us."
"This would mean the Economic ruination of the United States of America!” he further warned.
His remarks follow the US Court of International Trade's ruling that Trump had exceeded his authority by invoking emergency powers to impose sweeping tariffs on imports from nearly every country. The court said the move was a misuse of the 1977 International Emergency Economic Powers Act (IEEPA), which is intended for actual emergencies.
However, the US Court of Appeals for the Federal Circuit temporarily blocked that ruling on Thursday, granting the Trump administration permission to continue collecting tariffs while the case is under appeal.
According to a statement from the appeals court, “The request for an immediate administrative stay is granted to the extent that the judgments and the permanent injunctions entered by the Court of International Trade in these cases are temporarily stayed until further notice while this court considers the motions papers.”
The legal tug-of-war has deepened the uncertainty surrounding Trump’s tariff regime, which during his presidency was blamed for market volatility, disrupted supply chains, and contributing to inflationary pressure.
While the latest court order offers a temporary reprieve for Trump’s trade agenda, the final outcome remains undecided, and could have far-reaching consequences for US trade policy and the global economy.
Taking to his social media platform, Truth Social, he wrote, “If the Courts somehow rule against us on Tariffs, which is not expected, that would allow other Countries to hold our Nation hostage with their anti-American Tariffs that they would use against us."
"This would mean the Economic ruination of the United States of America!” he further warned.
His remarks follow the US Court of International Trade's ruling that Trump had exceeded his authority by invoking emergency powers to impose sweeping tariffs on imports from nearly every country. The court said the move was a misuse of the 1977 International Emergency Economic Powers Act (IEEPA), which is intended for actual emergencies.
However, the US Court of Appeals for the Federal Circuit temporarily blocked that ruling on Thursday, granting the Trump administration permission to continue collecting tariffs while the case is under appeal.
According to a statement from the appeals court, “The request for an immediate administrative stay is granted to the extent that the judgments and the permanent injunctions entered by the Court of International Trade in these cases are temporarily stayed until further notice while this court considers the motions papers.”
The legal tug-of-war has deepened the uncertainty surrounding Trump’s tariff regime, which during his presidency was blamed for market volatility, disrupted supply chains, and contributing to inflationary pressure.
While the latest court order offers a temporary reprieve for Trump’s trade agenda, the final outcome remains undecided, and could have far-reaching consequences for US trade policy and the global economy.
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