TSF Says $15 Trillion Investment In US Will Be 'Immediately Cancelled!' If Courts Strike Down Tariffs: 'Would Become A [View all]
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.