US President Donald Trump said on Wednesday that his administration will approach the Supreme Court tomorrow to seek an expedited ruling on tariffs, warning that without them, the country would be in “serious trouble.”
Reiterating his stance that tariffs are critical for US economic stability, Trump said his team would press the Supreme Court for a swift decision. “We are going to the SC tomorrow and we are going to ask for an expedited ruling. Stock markets need the tariffs,” he said.
Speaking at a press conference in the Oval Office, the Republican leader said the legal move was necessary after what he described as a “very shocking” ruling by a liberal court that cast uncertainty over the trillions of dollars collected through tariffs.
“A liberal court gave us a very shocking ruling basically saying that the trillions of dollars that are pouring into our country, they’d like to see that taken away,” Trump said, adding that “a lot of people behind that lawsuit are from foreign countries.”
The president also said the ruling was against US interests and claimed it was not the first time such a decision had gone against his policies. “They ruled against our country, they have ruled against us before,” he remarked.
The now two-time US President also acknowledged a judge appointed by former President Barack Obama who, according to him, voted in favour of the tariffs. “I gave him credit,” he noted.
Tariffs were a central pillar of Trump’s trade strategy during his presidency, particularly in the economic standoff with China.
Reiterating his stance that tariffs are critical for US economic stability, Trump said his team would press the Supreme Court for a swift decision. “We are going to the SC tomorrow and we are going to ask for an expedited ruling. Stock markets need the tariffs,” he said.
Speaking at a press conference in the Oval Office, the Republican leader said the legal move was necessary after what he described as a “very shocking” ruling by a liberal court that cast uncertainty over the trillions of dollars collected through tariffs.
“A liberal court gave us a very shocking ruling basically saying that the trillions of dollars that are pouring into our country, they’d like to see that taken away,” Trump said, adding that “a lot of people behind that lawsuit are from foreign countries.”
The president also said the ruling was against US interests and claimed it was not the first time such a decision had gone against his policies. “They ruled against our country, they have ruled against us before,” he remarked.
The now two-time US President also acknowledged a judge appointed by former President Barack Obama who, according to him, voted in favour of the tariffs. “I gave him credit,” he noted.
Tariffs were a central pillar of Trump’s trade strategy during his presidency, particularly in the economic standoff with China.
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