Trump, tariffs and Court of International Trade
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The Administration has filed an appeal after it was dealt a major blow that would invalidate most of its global tariffs.
President Trump’s top economic advisers stressed on Sunday that they would not be deterred by a recent court decision that declared many of the administration’s tariffs to be illegal, as they pointed out a variety of additional authorities that the White House could invoke as it looks to pressure China and others into negotiations.
The White House called for the Supreme Court to overturn judicial rulings blocking most of the tariffs Trump has imposed to negotiate trade agreements.
"This ruling protects American businesses from the destabilizing effects of volatile, unilaterally imposed 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.
The US Court of International Trade has voted to ... after the close trading partners moved forward with negotiations amid Trump's tariff-fueled push to rework global trade relationships.
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.”