The US would have to repay $2 trillion if the Supreme Court rules against the use of an emergency powers law, the president has claimed
US President Donald Trump has claimed that the country faces a “national security catastrophe” if the tariffs he introduced against most trading partners this year are ruled illegal.
Trump launched his tariff drive in April, accusing US partners of creating unfair trade imbalances. He described the tariffs as a “reciprocal” measure to secure better trade terms, invoking the 1977 International Emergency Economic Powers Act (IEEPA) as the legal basis. The act allows the president to regulate or block…
Read the full article at RT.COM
