Donald Trump issued a warning ahead of the hearing on the tariff case in the US Supreme Court. He stated that in the event of a loss, trade agreements with Europe, Japan, and South Korea would have to be revoked, leading to significant economic losses for America.
Tariff: US President Donald Trump appears quite concerned about tariffs these days. The matter has reached the US Supreme Court directly. Trump said during a radio show at the White House that if his administration loses in the Supreme Court, it will impact both the American economy and foreign policy.
Beginning of the Tariff Dispute
This dispute began when the Trump administration decided to implement reciprocal tariffs with countries such as the European Union, Japan, and South Korea. Under this arrangement, these countries were required to operate under similar trade terms with the United States. However, the US Court of Appeals had invalidated several tariffs imposed by Trump, deeming them illegal. The Trump administration has appealed to the Supreme Court to challenge this decision, and a hearing is expected in the coming days.
Trump's Statement at the White House
In a radio show held at the White House, Trump spoke openly on this issue. He stated that under the agreement the US has with the European Union, America is set to gain approximately one trillion dollars. Trump claimed that all countries like Europe, Japan, and South Korea are satisfied with this arrangement and that these deals are progressing successfully so far. However, he also added that if the Supreme Court upholds the lower court's decision, the US would have to withdraw all its existing trade agreements.
Warning of Potential Losses
Trump warned that if America loses this lawsuit, the country will face substantial losses. He said that removing tariffs could prove costly for America and would harm American industries. He remarked that we have an opportunity to become very wealthy once again, but a wrong decision could make America very poor.
Trump's Confidence
However, Trump does not consider himself weak in this dispute. He expressed confidence that his administration will emerge victorious in the Supreme Court. He stated that this lawsuit is linked to the future of the country and that a win will bring new economic opportunities for America. He repeatedly emphasized that if the court rules in his favor, it will further strengthen America's "America First Policy."
