Trump’s tariffs head to Supreme Court showdown
By Anupam Nagar, ETMarkets.com |
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Trump Tariffs Face Supreme Court Test
A US appeals court has struck down large portions of former President Trump’s sweeping tariffs, saying he did not have the authority to impose them. However, the court allowed the levies to remain in place for now, giving Trump a chance to take the fight to the Supreme Court. (Source: AFP)
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Navarro’s Optimism
Trump’s trade adviser Peter Navarro expressed confidence that the Supreme Court will rule in Trump’s favor. He criticized the 7-4 ruling against the tariffs as politically motivated and referred to the judges as “politicians in black robes.”
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Appeals Court Ruling
The Federal Circuit ruled that Trump cannot impose open-ended tariffs on nearly all imports into the United States. While the decision declared the tariffs unlawful, the court allowed them to remain in place during the appeals process.
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Navarro’s Argument
Navarro pointed to the strong dissenting opinions as a clear “roadmap” for how the Supreme Court could overturn the ruling. He insisted that the tariffs were never meant to be permanent and warned that losing the case would be disastrous for the country.
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Legal & Political Battle
The case was brought by Democratic-run states and a coalition of small import businesses. Navarro dismissed their efforts, saying they only wanted to preserve the right to import “cheap Chinese crap.” The ultimate decision now rests with the conservative-majority Supreme Court.
(Disclaimer: This slideshow has been sourced from AFP)
(Disclaimer: This slideshow has been sourced from AFP)