President Donald Trump has issued a warning that a Supreme Court decision on his power to apply tariffs could pose the "biggest threat in history" to US National Security, saying the nation would be left financially defenseless. The president expressed alarm over the European Union's plan to impose new tariffs on China, which he believes would undermine the effectiveness of his economic policy.
Trump has repeatedly used tariffs as a tool to protect American manufacturing and production sectors by deterring unfair global competition, but critics argue that they are pushing up inflation and depriving US firms of essential raw materials. Trump has also imposed tariffs aggressively against allies, weakening key strategic partners. The move has prompted trading partners to retaliate with their own tariffs on American imports.
The Supreme Court is set to make a decision on the case that challenges Trump's executive authority to impose tariffs over the head of Congress. Justices Amy Coney Barrett and Neil Gorsuch are likely to rule against the president, along with Chief Justice John Roberts. The court's three liberal justices and at least two conservatives may form a potential majority in a ruling against the tariffs.
Trump has claimed extraordinary power to act without congressional approval by declaring national emergencies under the 1977 International Emergency Economic Powers Act. However, he acknowledged that Congress holds the constitutional power to impose tariffs, which was echoed by Justices Brett Kavanaugh and Samuel Alito during oral arguments.
In contrast, Treasury Department data shows that revenue from tariffs is significantly lower than Trump's claims of "trillions" of dollars. In the last fiscal year, tariff revenues were nearly $195 billion, while in the current fiscal year, they have earned around $31 billion so far.
Trump has repeatedly used tariffs as a tool to protect American manufacturing and production sectors by deterring unfair global competition, but critics argue that they are pushing up inflation and depriving US firms of essential raw materials. Trump has also imposed tariffs aggressively against allies, weakening key strategic partners. The move has prompted trading partners to retaliate with their own tariffs on American imports.
The Supreme Court is set to make a decision on the case that challenges Trump's executive authority to impose tariffs over the head of Congress. Justices Amy Coney Barrett and Neil Gorsuch are likely to rule against the president, along with Chief Justice John Roberts. The court's three liberal justices and at least two conservatives may form a potential majority in a ruling against the tariffs.
Trump has claimed extraordinary power to act without congressional approval by declaring national emergencies under the 1977 International Emergency Economic Powers Act. However, he acknowledged that Congress holds the constitutional power to impose tariffs, which was echoed by Justices Brett Kavanaugh and Samuel Alito during oral arguments.
In contrast, Treasury Department data shows that revenue from tariffs is significantly lower than Trump's claims of "trillions" of dollars. In the last fiscal year, tariff revenues were nearly $195 billion, while in the current fiscal year, they have earned around $31 billion so far.
Oh man, I'm low-key worried about this whole tariff situation 
Trump's warning that a Supreme Court decision could threaten US National Security is straight-up alarming 
But let's get real, tariffs are already hurting the global economy, and if they're going to be imposed on allies like Canada and Mexico, it's just gonna make things worse 
I mean, come on, we need more trade agreements that actually help US businesses, not ones that create a huge wall between us and our trading partners 
inflation's through the roof and raw materials are getting harder to come by... not to mention how it's messing up trade relations with our allies 
. and now we've got the supreme court potentially striking down his whole power move... like, if they rule against him, that would be a major win for congress 
. i just wish trump would be more realistic about how tariffs are gonna affect the economy 
... 195 billion vs trillions? not even close 
And now Trump is saying that the Supreme Court's decision could put us in a super vulnerable position financially? That sounds like a recipe for disaster to me! 
I'm not sure what's more concerning, though - the fact that he's trying to exert power over Congress or that his economic policy is actually hurting US firms and allies. 
. Like, come on, Mr Trump can't just dictate everything without Congress being in the loop 
, so can we at least make smart trade deals without his drama? 
I mean, have you seen those numbers on tariff revenue? Like, $195 billion vs trillions? 
That's just crazy talk 
.
. And btw, his numbers on the tariff revenue are way off 
anyone else think he's just trying to distract from his own economic failures? 
anyway, i'm low-key excited for this supreme court decision tho - can't wait to see him get schooled by the justices 
and lets not forget about how he's been weakening our allies with these tariffs... dont get me wrong, i get why he's trying to protect american manufacturing but c'mon dude, you're being super aggressive here. 
I'm literally on the edge of my seat waiting for this Supreme Court decision! 
We all know how these trade wars have been going down, and it's crazy to think that one bad day might ruin the whole country financially 
Like, I get it, tariffs are supposed to protect American manufacturing, but this is taking it way too far 
! trump thinks his tariffs are the biggest threat to us national security? that's rich coming from a guy who's been using them as a way to flex his economic muscles without actually doing any real damage control 
.
. And what's up with these numbers? $195 billion is a pretty decent chunk of change, I guess