Trump, tariffs and Court of International Trade
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The White House called for the Supreme Court to overturn judicial rulings blocking most of the tariffs Trump has imposed to negotiate trade agreements.
The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.
The administration had made immediate appeals to allow the U.S. to keep imposing stiff levies, and said the Supreme Court needed to intervene.
National Economic Council Director Kevin Hassett argues tariff legalities won't quell three potentially finalized trade deals that are awaiting President Trump's signature.
"This ruling protects American businesses from the destabilizing effects of volatile, unilaterally imposed tariffs."
Officials from the European Union and the United States will start a new negotiating push, after President Trump delayed until July 9 tariffs of 50 percent.
On May 28, a U.S. federal trade court issued a decision with a monumental impact on global economies. In a landmark decision, the
Beijing said the decision to “aggressively” revoke Chinese student visas would “damage the image and reputation of the U.S.”
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