Trump Appeals to supreme Court to Uphold Global tariffs, Threatening Trillions in Trade
Washington D.C. – Former President Trump has escalated his fight to maintain the global tariffs implemented during his administration, appealing to the Supreme Court after a lower court ruled many of those duties were illegally imposed. The case, perhaps impacting trillions of dollars in international trade, could substantially reshape the global economic landscape and further define Trump’s lasting influence.
According to an appeal document confirmed by Bloomberg, Trump’s legal team is requesting an expedited hearing, ideally in early november. the move comes after the Federal High Court steadfast that the broad imposition of import duties exceeded the authority granted by the international Emergency Economic Powers Act (IEEPA) of 1977 – legislation originally intended to address genuine national emergencies.As of Tuesday evening, the appeal filing had not yet appeared in the Supreme Court’s online docket.The lawsuit is poised to be one of the most financially notable cases to reach the nation’s highest court. Should Trump lose, analysts at Bloomberg Economics (BE) estimate the average U.S. tariff rate would be cut by at least half, forcing the government to refund tens of billions of dollars in collected duties. Furthermore, existing provisional trade agreements with various countries and regions could be jeopardized.
Despite the appeal, the federal Special Administrative High Court has allowed the tariffs to remain in effect while the legal process unfolds.
The Justice Department has informed the courts that the Supreme Court has agreed to consider a swift hearing. Requests for comment from Trump’s representatives and the plaintiffs’ lawyer, Neill Cachar, have gone unanswered.
While the Supreme Court is highly likely to take up the case, the justices must frist agree to do so. The Trump administration is pushing for proceedings to begin by September 10th. CNBC previously reported on the administration’s request for Supreme Court intervention.A decision could potentially come by the end of the year, though the Supreme Court’s session extends into mid-next year. The outcome will have far-reaching consequences for global trade and the future of U.S. economic policy.
**[Related article: Most President Trump’s global tariffs are illegal, and remand trials are to be filed – US High Court](https://www.bloomberg.
