Trump: If Supreme Court rules tariffs unlawful, US would have to refund hundreds of billions of dollars…‘national turmoil’
Summary
- US President Donald Trump warned that if the Supreme Court deems his tariff policy unlawful, the United States may have to refund hundreds of billions of dollars.
- Trump said that a Supreme Court ruling finding the tariff policy unlawful would trigger tremendous turmoil and create a situation the country would be effectively unable to handle.
- Trump repeatedly stressed that depending on the US Supreme Court’s decision on whether the tariff policy is unconstitutional, a severe shock could hit the US economy and public finances.
US President Donald Trump issued a stark warning that if the Supreme Court deems his tariff policy unlawful, the United States could be forced to return hundreds of billions of dollars.
According to Walter Bloomberg, a breaking-news account, on the 12th (local time), President Trump said, “If the Supreme Court rules the tariff policy illegal, the United States could find itself having to give back hundreds of billions of dollars,” adding, “That would cause tremendous turmoil and would be, effectively, an unmanageable situation for the country.”
The remarks came as the US Supreme Court is expected to rule soon on whether the Trump administration’s tariff policy is unconstitutional. Trump repeatedly stressed that the outcome could deliver a severe shock to the US economy and public finances.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
