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Trump To Appeal Tariff Ruling, Reiterates Global Tariff As Economic Emergency
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*TRUMP: WE'LL GO TO SUPREME COURT TOMORROW ON TARIFFS APPEAL *TRUMP: NEED AN EARLY DECISION FROM SUPREME COURT ON TARIFFS Trump: The stock markets need and want the tariffs. TRUMP: IF TARIFF RULING GOES AGAINST US, WE WOULD HAVE TO GIVE TRILLIONS OF DOLLARS BACK TRUMP: WE NEED A VERY SERIOUS RATE CUT TRUMP FED FIRING RULING NOT EXPECTED UNTIL AFTER SEPT. 4 FILING
U.S. Treasury Secretary Scott Bessent on Monday expressed confidence that the Supreme Court will uphold President Donald Trumps use of a 1977 emergency powers law to impose sweeping tariffs on most trading partners, but said the administration has a backup plan if it does not. Bessent told Reuters he was preparing a legal brief for the U.S. solicitor ...