‘Financial ruin’ for US? What happens if Trump tariffs are struck down by court — Explained

US President Donald Trump (Pic credit: AP) The US federal court’s ruling over the tariff, calling it “illegal”, came as a major setback for President Donald Trump. The court said that the Republican leader overstepped his authority when he declared trade deficits and border issues as “national emergencies” to justify sweeping tariffs he imposed on […]

‘Third World Nation’ fear: Trump warns of fallout if tariffs struck down; slams court ruling again

US President Donald Trump (Pic credit: AP) US President Donald Trump on Sunday warned that the United States would become a “Third World Nation” if tariffs imposed by him were struck down by courts. Defending his sweeping tariffs, Trump said that more than $15 trillion will be invested in US, a figure he described as […]

‘Would be disaster if … ‘: Donald Trump doubles down on tariffs after US court calls them illegal; what next?

US President Donald Trump (Pic credit: AP) US President Donald Trump on Friday said that he would “fight back” after a US federal court in a significant ruling found his global tariffs “illegal.” The US court of appeals for the federal circuit in Washington ruled that many of Trump’s tariffs were illegal; however, it allowed […]