Trump Furious as Supreme Court Strikes Down Tariffs – But Says He Has a “Back-Up Plan”
Donald Trump has reacted furiously to the Supreme Court’s ruling that many of his tariffs are illegal, branding it “a disgrace”, but told a White House breakfast he has a back-up plan to circumvent the ruling. The Mail has more.
President Donald Trump fumed on Friday after the Supreme Court made the extraordinary move of ruling against his widespread tariff policy.
Trump was meeting with top governors in the White House when the ruling came down and called it a “disgrace”, according to CNN.
At the same time, Wall Street celebrated as the stock market spiked after the tariff decision was issued.
In a 6-3 decision, penned by conservative Chief Justice John Roberts, the court said Trump did not have the authority under the International Emergency Economic Powers Act of 1977 to impose tariffs.
Trump had used the law as a legal footing for his widespread tariff policy, which he boasted would enrich the nation.
The court’s rejection comes despite the President having the benefit of a conservative majority. He appointed three Supreme Court Justices in his first term – Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett.
Despite the Court’s 6-3 Rightward lean, Gorsuch and Barrett ruled against the President on Friday, while Kavanaugh penned the dissent.
An estimated $175 billion in tariff revenue is at stake, according to the Penn-Wharton Budget Model, Reuters reported.
On April 2nd, Trump celebrated ‘Liberation Day’, announcing ‘reciprocal’ tariffs on nations around the globe – even on uninhabited islands.
The President used the justification that there was a national emergency due to trade deficits and national security threats.
As he entered office last year, he imposed tariffs on Mexico, Canada and China over fentanyl flooding into the US.
Trump also used tariffs to threaten other countries, such as dangling a 25% tariff on Indian imports due to the country continuing to buy Russian oil.
But Roberts, who was appointed by Republican President George W. Bush, wrote in the ruling that if Congress had intended to allow the President the “distinct and extraordinary power to impose tariffs, it would have done so expressly – as it consistently has in other tariff statutes”.
The Chief Justice said that the “President must ‘point to clear congressional authorisation’ to justify his extraordinary assertion of the power to impose tariffs”.
“He cannot,” Roberts said.
The decision does not impact all of Trump’s sweeping tariffs. His decrees on steel and aluminum were enacted under different laws.
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