US President Trump posts on Truth "if Supreme Court rules against tariffs, we're screwed"
Trump's comments underscore the potential economic fallout from a Supreme Court ruling against tariffs, highlighting fears of significant financial liabilities and extensive collateral damage to investments linked to tariff avoidance.
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US President Trump posts on Truth "if Supreme Court rules against tariffs, we're screwed"
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Full Post:
- "The actual numbers that we would have to pay back if, for any reason, the Supreme Court were to rule against the United States of America on Tariffs, would be many Hundreds of Billions of Dollars, and that doesn’t include the amount of “payback” that Countries and Companies would require for the Investments they are making on building Plants, Factories, and Equipment, for the purpose of being able to avoid the payment of Tariffs. When these Investments are added, we are talking about Trillions of Dollars! It would be a complete mess, and almost impossible for our Country to pay. Anybody who says that it can be quickly and easily done would be making a false, inaccurate, or totally misunderstood answer to this very large and complex question. It may not be possible but, if it were, it would be Dollars that would be so large that it would take many years to figure out what number we are talking about and even, who, when, and where, to pay. Remember, when America shines brightly, the World shines brightly. In other words, if the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED!"
This could create heightened uncertainty in markets, impacting everything from equities to currencies, particularly if investors perceive a destabilizing shift in trade policy linked to legal outcomes.
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