Trump: Supreme Court ruling makes the president's tariff authority "clearer and stronger"

GateNewsBot
Source: PANews

PANews February 21 News, according to Jinshi reports, U.S. President Trump pointed out that as Justice Kavanaugh stated in his dissent: “Although I disagree with today’s ruling, it does not substantially limit the President’s future authority to impose tariffs, because many other federal laws—such as Section 232 of the Trade Expansion Act of 1962, Sections 122, 201, and 301 of the Trade Act of 1974, and Section 338 of the Tariff Act of 1930—still authorize the President to impose tariffs.” In fact, today’s Supreme Court decision makes the President’s power to regulate trade and impose tariffs clearer and stronger. They did not overturn “tariffs,” but rather rejected a specific use under the International Emergency Economic Powers Act. Under that law, the authority to implement embargoes, restrictions, or conditions on foreign trade has been fully confirmed. To protect the nation, the President can now impose more tariffs based on other authorized laws.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)