American rates on India imports to 50% up President Donald Trump contested the decision of the United States Appeals Court on Friday (29), and stressed that import tariffs imposed on hundreds of countries remain in force. The Republican said the “highly party” court said “incorrectly” that tariffs should be removed, and that “with the help of the US Supreme Court” will maintain the validity of taxation. 📱 Bake the G1 app to see real -time and free news “if these tariffs are eliminated, it would be a total disaster for the country. This would make us financially weak, and we need to be strong,” Trump wrote on his social network. “The US will no longer tolerate huge commercial deficits and unfair rates, as well as non -tariff barriers imposed by other countries – friends or enemies – that harm our manufacturers, farmers and everyone else.” “If this decision is upheld, it would literally destroy the United States of America. Earlier this weekend of Labor Day, we must all remember that tariffs are the best tool to help our workers and support companies that produce excellent US products.” The court decided on Friday that most of the rates imposed by Donald Trump is illegal, weakening the use of this tool as a pillar of its international economic policy. (Learn below) The US President has made tariffs a central foreign policy instrument using them to press exporting countries and renegotiate trade agreements. The strategy has ensured advantages in negotiations, but raised the volatility of financial markets. Court says tariffs are illegal as the Reuters agency showed, the Court of Appeals of the Federal Circuit in Washington analyzed the legality of the so -called “reciprocal” fares, adopted by Trump in April, in addition to another package imposed in February against China, Canada and Mexico. The decision does not reach tariffs applied under other legal bases, such as steel and aluminum imports. The case is expected to be taken to the US Supreme Court. Trump justified tariffs based on the International Emergency Economic Powers Law (IEEPA), which authorizes the president to act on “unusual and extraordinary” threats in national emergencies. Created in 1977, the law has always been used to sanction enemies or freeze active. Trump, first to apply it to tariffs, argued that the measures were necessary in the face of commercial deficits, the loss of industrial capacity and drug trafficking. Although the law does not cite rates, the Justice Department argued that IEEPa authorizes emergency measures that allow the president to “regulate” or even block imports. In April, Trump declared national emergency claiming that the historical commercial deficit weakened the US industry and military readiness. February tariffs against China, Canada and Mexico were justified on charges that these countries did not act enough to contain the smuggling of Fentanil – something everyone denied. The decision involved two lawsuits: one moved by five small companies and one by 12 states led by Democrats, both arguing that IEEPA does not authorize tariffs. According to the actions, the Constitution attributes to Congress – not the President – the competence to create taxes and tariffs, and any delegation in this regard must be explicit and limited. On May 28, the International Trade Court in New York had already decided against Trump’s fares, concluding that he exceeded his authority. The panel of three judges included one nominated by the Republican himself. Another court in Washington also rejected the use of IEEPA to justify tariffs, a decision. At least eight actions question Trump’s tariff policy, including one of California. Donald Trump at a Reuters/Jonathan Ernst cabinet meeting
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Tariff: Trump criticizes US Appeals Court and says tariffs remain in force
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