Close Menu
    Facebook X (Twitter) YouTube LinkedIn
    Trending
    • Inside children’s surgery center when shelling starts
    • ‘The Five’: Trump floats ‘MAGA global domination’
    • Jailed Hong Kong democracy activist Joshua Wong hit with new charges | Hong Kong
    • From U.S. Army veteran to radicalized attacker
    • Marco Rubio, Trump’s pick for top diplomat, faces senate confirmation hearing
    • New Photo of Taylor Swift at Intimate Wedding Surfaces on Friday
    • How many Russian soldiers died in the war with Ukraine
    • President Putin meets mothers of Russian soldiers fighting in Ukraine war – BBC News
    Facebook X (Twitter) YouTube LinkedIn
    MORSHEDI
    • Home
      • Spanish
      • Persian
      • Swedish
    • Latest
    • World
    • Economy
    • Shopping
    • Politics
    • Article
    • Sports
    • Youtube
    • More
      • Art
      • Author
      • Books
      • Celebrity
      • Countries
      • Did you know
      • Environment
      • Entertainment
      • Food
      • Gaming
      • Fashion
      • Health
      • Herbs
      • History
      • IT
      • Funny
      • Opinions
      • Poets & philosopher
      • Mixed
      • Mystery
      • Research & Science
      • Spiritual
      • Stories
      • Strange
      • Technology
      • Trending
      • Travel
      • space
      • United Nation
      • University
      • war
      • World Leaders
    MORSHEDI
    Home » Trump warns court ruling against tariffs could cause ‘economic ruination’ of US
    World Economy

    Trump warns court ruling against tariffs could cause ‘economic ruination’ of US

    morshediBy morshediJune 2, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Trump warns court ruling against tariffs could cause ‘economic ruination’ of US
    Share
    Facebook Twitter LinkedIn Pinterest Email


    ‘The Huge Cash Present’ panel discusses U.S.- China commerce talks after Treasury Secretary Scott Bessent stated negotiations stalled.

    President Donald Trump on Sunday stated if the courts rule towards the administration’s sweeping tariffs, it might imply the “financial ruination” of the nation.

    The put up comes after the U.S. Court docket of Worldwide Commerce (CIT) dominated unanimously on Wednesday to dam the usage of an emergency regulation to enact punishing import taxes.

    Members of the three-judge panel, who had been appointed by Trump, former President Barack Obama and former President Ronald Reagan, stated Trump has overstepped and doesn’t have “unbounded authority” to impose the tariffs.

    FEDERAL JUDGE BLOCKS 5 TRUMP TARIFF EXECUTIVE ORDERS 

    President Donald Trump holds sign about his tariff plan

    President Trump warns of financial ruination if courts rule towards his tariffs after the U.S. Court docket of Worldwide Commerce blocks emergency import taxes. (Chip Somodevilla/Getty Pictures / Getty Pictures)

    “If the Courts in some way rule towards us on Tariffs, which isn’t anticipated, that might enable different International locations to carry our Nation hostage with their anti-American Tariffs that they might use towards us,” Trump wrote on Fact Social Sunday afternoon. “This may imply the Financial ruination of the United States of America!”

    Trump administration legal professionals have till 5 p.m. Monday to file their response.

    TRUMP DENOUNCES COURT’S ‘POLITICAL’ TARIFF DECISION, CALLS ON SUPREME COURT TO ACT QUICKLY

    Donald Trump holds tariff poster

    Reciprocal tariffs on some U.S. commerce companions had been set to enter impact on April 2. (Alex Edelman/Bloomberg by way of Getty Pictures / Getty Pictures)

    Following the court docket determination, a federal appeals court docket on Thursday dominated in favor of the Trump administration, delaying a decrease court docket’s ruling blocking the usage of the Worldwide Emergency Economic Powers Act (IEEPA) to enact a 10% baseline tariff and “reciprocal tariffs.”

    The reciprocal taxes, introduced by the White House on April 2, had been being utilized by the Trump administration as a negotiating tactic with different international locations previous to the court docket battles.

    President Donald Trump signs tariffs

    President Donald Trump shows a signed govt order imposing tariffs on imported items throughout an occasion on the White Home on April 2. (Andrew Harnik/Getty Pictures / Getty Pictures)

    The Court docket of Appeals for the Federal Circuit gave the plaintiffs till Thursday to file a response, and the Trump administration till June 9.

    CLICK HERE TO GET THE FOX NEWS APP

    Fox Information Digital’s Breanne Deppisch contributed to this report.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTrump ‘can’t assure’ U.S. will not use military force to take Greenland, Panama Canal
    Next Article Samaritan’s Purse donates 20 ambulances to Israel following Hamas attacks
    morshedi
    • Website

    Related Posts

    World Economy

    Japan highlights wage hikes as cornerstone of economic growth strategy

    June 7, 2025
    World Economy

    U.S.-Nigerian telecom executive Sam Darwish records $7.24 million decline on IHS stake

    June 7, 2025
    World Economy

    Do too many people want a slice of Cape Town?

    June 7, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Commentary: Does Volvo’s Chinese ownership threaten US national security?

    February 1, 202522 Views

    FHRAI raises red flag over Agoda’s commission practices and GST compliance issues, ET TravelWorld

    April 19, 202514 Views

    Mystery of body in wetsuit found in reservoir puzzles police

    February 22, 202514 Views

    Skype announces it will close in May

    February 28, 202511 Views

    WarThunder – I Joined The Swedish AirForce

    March 17, 20257 Views
    Categories
    • Art
    • Article
    • Author
    • Books
    • Celebrity
    • Countries
    • Did you know
    • Entertainment News
    • Fashion
    • Food
    • Funny
    • Gaming
    • Health
    • Herbs
    • History
    • IT
    • Latest News
    • Mixed
    • Mystery
    • Opinions
    • Poets & philosopher
    • Politics
    • Research & Science
    • Shopping
    • space
    • Spiritual
    • Sports
    • Stories
    • Strange News
    • Technology
    • Travel
    • Trending News
    • United Nation
    • University
    • war
    • World Economy
    • World Leaders
    • World News
    • Youtube
    Most Popular

    Commentary: Does Volvo’s Chinese ownership threaten US national security?

    February 1, 202522 Views

    FHRAI raises red flag over Agoda’s commission practices and GST compliance issues, ET TravelWorld

    April 19, 202514 Views

    Mystery of body in wetsuit found in reservoir puzzles police

    February 22, 202514 Views
    Our Picks

    Inside children’s surgery center when shelling starts

    June 7, 2025

    ‘The Five’: Trump floats ‘MAGA global domination’

    June 7, 2025

    Jailed Hong Kong democracy activist Joshua Wong hit with new charges | Hong Kong

    June 7, 2025
    Categories
    • Art
    • Article
    • Author
    • Books
    • Celebrity
    • Countries
    • Did you know
    • Entertainment News
    • Fashion
    • Food
    • Funny
    • Gaming
    • Health
    • Herbs
    • History
    • IT
    • Latest News
    • Mixed
    • Mystery
    • Opinions
    • Poets & philosopher
    • Politics
    • Research & Science
    • Shopping
    • space
    • Spiritual
    • Sports
    • Stories
    • Strange News
    • Technology
    • Travel
    • Trending News
    • United Nation
    • University
    • war
    • World Economy
    • World Leaders
    • World News
    • Youtube
    Facebook X (Twitter) YouTube LinkedIn
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 morshedi.se All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Please wait...

    Subscribe to our newsletter

    Want to be notified when our article is published? Enter your email address and name below to be the first to know.
    I agree to Terms of Service and Privacy Policy
    SIGN UP FOR NEWSLETTER NOW