Donald Trump furious after US court rules his tariffs are illegal

Tariffs – and the irregular way of launching them – shook global markets, alienated US trade partners and allies, and increased higher prices and slower fears of economic growth.

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However, the European Union, Japan and other countries to accept unilateral trade agreements and to help to pay the law on 4 July to pay for the forcing tens of billions of dollars.

“Current trade agreements may automatically lose a pole of the negotiation strategy, which may delay the implementation of previous commitments and even try to negotiate the implementation of previous commitments,” he said before the decision of the Senior Advisor and the Court of the Court of the Court of Court of the Netherlands and the Netherlands and a former Ministry of Justice.

If the tariffs are hit, the government argued that it may have to repay some of its import taxes and to bring a financial blow to the treasury.

“1929 would be again, a great depression!” Trump said in a previous social media post.

The revenue from the tariffs was more than twice the same point at the same point at the same point until July, USD $ 159 billion ($ 243 billion). Indeed, the Ministry of Justice warned that canceling tariffs in a legal file this month may mean “financial destruction için for the US.

The decision includes two import taxes that are justified by declaring a national emergency in accordance with the 1977 International Emergency Economic Forces Law (IEEPA).

This included the broom tariffs that he announced on April 2 – “The Day of Independence” – when he applied tariffs up to 50 percent – he claimed that they were “mutual ında in countries where the US trade deficits were carried out. Australia received the lowest rate of 10 percent.

The national emergency underlying the tariffs, the United States sold and the rest of the world has been on the long -standing gap, he said. The president began to receive a modified tariff rates in August, but the goods from the US countries are overwhelmed by taxes.

In addition, on February 1, it includes the “Human Trafficking Tariffs ğı announced about imports from Canada, China and Mexico. These are designed to make them do more to stop what these countries declare a national emergency: illegal drugs and immigrants to the United States throughout their borders.

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The Constitution gives the Congress the authority to impose taxes, including tariffs. However, for decades, the deputies gave the authorities to the President and Trump took advantage of the power gap in the best way.

However, Trump’s claim that IEEPA has given him an unlimited power to tax imports, at least seven cases – at least seven cases. No president had used the law to justify tariffs, but it was frequently used to impose export restrictions and other sanctions on US competitors such as IEEPA, Iran and North Korea.

In May, the US New York International Commercial Court rejected the claim by deciding that Trump’s global tariffs have “exceeded any authority given to the President” under the law of Emergency Authorities. As the Commercial Court reached its decision, two difficulties – one five businesses and a US state – into a single case.

In the case of drug trafficking and migration tariffs in Canada, China and Mexico, the Commercial Court decided that taxes do not meet the necessity of “addressing ı the problem that IEEPA should discuss.

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The challenge of the court does not include other Trump tariffs, including the taxes on foreign steel, aluminums and cars brought about by the President of the Ministry of Commerce.

After concluding that a government investigation uses unjust practices to provide an advantage over its technology firms to its technology firms from the United States and other Western nations, Trump does not include tariffs imposed on China in the first period.

Trump has alternative laws to implement import tax, but they would limit the speed and seriousness it could move.