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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTSF Says $15 Trillion Investment In US Will Be 'Immediately Cancelled!' If Courts Strike Down Tariffs: 'Would Become A
Third World Nation'President Donald Trump warned on Monday that a record $15 trillion in planned investment in the U.S. would be "immediately cancelled" if courts are permitted to strike down his tariff policies.
U.S. Appeals Court Rules Tariffs As Unconstitutional
In a fiery post on his Truth Social platform, he claimed that the loss of these tariffs would devastate the American economy, stating, "we would become a Third World Nation, with no hope of GREATNESS again."
The declaration comes in response to a recent U.S. appeals court ruling that deemed his administration's broad use of tariffs unconstitutional.
On Friday, the U.S. Court of Appeals for the Federal Circuit decided in a 7-4 vote that Trump had overstepped his authority by using the International Emergency Economic Powers Act (IEEPA) to impose the levies.
https://finance.yahoo.com/news/donald-trump-says-15-trillion-233212173.html
He's pulling stuff out of the same place he keeps his head.
Klarkashton
(5,422 posts)It's not an "investment" it's a tax.
LetMyPeopleVote
(182,091 posts)Omnipresent
(7,523 posts)Was he under some impression that republicans in Congress were going to give that too him?
Johonny
(26,618 posts)Promising huge future investment in the US to get lower tariff rates. The great thing about promises not written down or codified is you can promise anything. Trump doesn't have any real commitments and no one expects this money to actually appear. These are just the pipe dreams of a dying man that was never loved because he has no qualities a person would love.
tanyev
(49,688 posts)😠
bucolic_frolic
(55,840 posts)Prairie Gates
(8,479 posts)Why does he think they won't pass his tariffs?
Hey Joe
(814 posts)We were doomed with third world status the moment he became president.
It really sucks living in a post truth reality.
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