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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.
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TSF Says $15 Trillion Investment In US Will Be 'Immediately Cancelled!' If Courts Strike Down Tariffs: 'Would Become A (Original Post)
Yo_Mama_Been_Loggin
Sep 2
OP
Klarkashton
(4,064 posts)1. Guess what Trump, there is no Santa Claus. That whole thing is bogus.
It's not an "investment" it's a tax.
LetMyPeopleVote
(169,983 posts)2. Only an idiot like trump would believe that this "commitment" was real
Omnipresent
(7,212 posts)3. This is the first i heard of a 15 trillion dollar investment.
Was he under some impression that republicans in Congress were going to give that too him?
Johonny
(24,685 posts)6. Just like his first term, countries have been
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
(47,818 posts)4. We became a third world nation the day he was inaugurated.
😠
bucolic_frolic
(52,431 posts)5. how did we thrive so long with low tariffs and why are we plunging now?
Prairie Gates
(6,303 posts)7. All he has to do is put the same tariffs before his Republican Congress
Why does he think they won't pass his tariffs?
Hey Joe
(230 posts)8. Idiot continues to huff his own farts
We were doomed with third world status the moment he became president.
It really sucks living in a post truth reality.