There's a 'decent chance' the Supreme Court will OK Trump's global tariffs, former USTR and national security official says | Fortune
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There's a 'decent chance' the Supreme Court will OK Trump's global tariffs, former USTR and national security official says | Fortune
"President Donald Trump sees tariffs - or the threat of them - as a powerful tool to bend nations to his will. He has used them in an unprecedented way, not only as the underpinning of his economic agenda, but also as the cornerstone of his foreign policy in his second term. He has wielded the import taxes as a threat to secure ceasefiresfrom countries at war."
"He has used them to browbeat nations into promising to do more to stop people and drugs from flowing across their borders. He has used them, in Brazil's case, as political pressure because its judicial system prosecuted a former leader who was a Trump ally, and in a recent blowup with Canada, as punishment for a television ad. This week, the Supreme Court hears arguments on whether the Republican president has overstepped federal law with many of his tariffs."
President Donald Trump treats tariffs and the threat of tariffs as central tools of statecraft, using them to advance economic and foreign-policy goals. He has leveraged import taxes to secure ceasefires, to compel nations to curb human and drug flows, and to exert political pressure on countries such as Brazil and Canada. The Supreme Court is hearing whether many of those tariffs exceeded federal law under the International Emergency Economic Powers Act. Two lower courts and a majority of judges on the Federal Circuit found that IEEPA does not authorize tariff imposition, while the Justice Department argues tariffs fall within presidential foreign-affairs authority. Trump has warned that an adverse ruling would be a disaster and has signaled personal interest in the case outcome.
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