US Court of appeals have upheld for Federal Circuit Decision of a lower court The chairman of the law Donald Trump is using to implement his broad tariff policy, actually not providing them to the power that establishes a final appeal in the Supreme Court.
In an opinion published on Friday afternoon, the federal court ruled 7-4 that the law president is using Trump, which is the International Emergency Economics Power Act, does not empower them to make tariffs and it is the power given to the Congress.
The court writes, “The power of the Chief Congress to implement taxes like tariffs is particularly vested in the legislative branch. Tariff is the power of a Chief Congress,” the court writes.
The court has stopped its verdict, which will remove the tariffs implemented outside the Congress, to allow the Trump administration to appeal to the Supreme Court by 14 October, which will definitely do it. So, so far, his tariffs are still effective.
“Today a high -biased appeal court wrongly stated that our tariffs should be removed, but they know that the United States will win finally. If these tariffs ever go away, it will be a total disaster for the country. It will be financially weak for us. The manufacturer, farmer and all the rest,” Donald Trump writes on the truth.
It is important to remember that a tariff is paid by the importer and given to the consumer. Tariff, despite what the President has claimed in the past, is not paid by the original country for any product.
“If allowed to stand, this decision will truly destroy the United States. In this Labor Day early weekend, we should all remember that tariffs are the best tools to help our workers, and supports companies supporting great manufactured companies in America’s products,” that continues; Emphasis, spelling and capitalization are his.
This statement, despite the fact that their tariffs are broad and comprehensive and cover products for which there are no infrastructure such as cameras in the US. the photography Industry has seen Increased prices For cameras, lenses and accessories. No camera company has expressed any plan to transfer any level of manufacturing to the United States.
“Both smuggling tariffs and mutual tariffs are scope, amount and period,” the majority of the ruling judges, found,, found, CNBC ReportsEchoing this feeling that its tariffs are not strategic enough to result in America-based manufacturing.
“These tariffs apply to almost all articles imported into the United States (and, in terms of mutual tariffs, apply in almost all countries), apply high rates that are sometimes changing and crossing those set in (US tariff systems), and are not limited in the period.”
Full rule can be done Read here,
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