Feb 23 • 16:01 UTC 🇰🇷 Korea Hankyoreh (KR)

Trump: 'If you meddle with Supreme Court decision, expect much higher tariffs'

Donald Trump warned that countries attempting to renegotiate trade agreements due to a Supreme Court ruling could face significantly higher tariffs.

On the 23rd, Donald Trump, the President of the United States, issued a warning through his social media platform Truth Social following a Supreme Court ruling that deemed certain tariffs illegal. He specifically cautioned that any country trying to play games with the 'ridiculous' Supreme Court decision, especially those he claims have extorted the U.S. for years, could expect to face much higher tariffs than previously agreed upon in their trade deals. This statement is seen as a direct threat to countries renegotiating or delaying the fulfillment of trade agreements that require significant investments in the United States or increased purchases of American products.

Trump's comments come after the Supreme Court ruled that his broad authority in imposing tariffs under the International Emergency Economic Powers Act (IEEPA) was overstepped, deeming some of his actions unlawful. He emphasized that he does not need to return to Congress for approval on tariffs, asserting that his authority was granted in various forms long ago. His defense of his tariff powers, even in light of the Supreme Court's ruling, raises concerns about unilateral trade policies and potential retaliatory measures from affected countries.

The implications of Trump's remarks could have significant impacts on international trade relations, as countries may reconsider their commitments to trade agreements under the fear of escalating tensions and punitive tariffs. The focus on higher tariffs as a leverage tool could further destabilize existing trade partnerships and escalate trade wars, affecting not only the U.S. economy but also its global trading partners.

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