Feb 25 • 03:13 UTC 🇰🇷 Korea Hankyoreh (KR)

Trump, in State of the Union Address, Says 'Maintain Tariffs... Will Present Stronger Solutions through Other Laws'

In his State of the Union address, President Donald Trump described the Supreme Court's tariff-related ruling as a 'disappointing decision' and asserted that he would continue to push for tariff policies using alternative legal measures.

On January 24, 2023, President Donald Trump delivered a State of the Union address in which he addressed the recent Supreme Court ruling regarding tariffs, labeling it a 'disappointing decision.' Despite this setback, he assured listeners that he would wield other legal provisions to uphold and strengthen the existing tariff policies. Trump emphasized that the majority of countries and businesses prefer to maintain their current agreements, recognizing that renegotiating under his presidential authority could lead to less favorable outcomes for them. He claimed that alternative and well-tested legal provisions would be used to address the tariffs without requiring additional congressional action.

During his speech, four members of the Supreme Court were in attendance, three of whom participated in the recent ruling that undermined Trump's tariff policies. Supreme Court Chief Justice John Roberts, along with Justices Elena Kagan, Brett Kavanaugh, and Amy Coney Barrett, were present, and Trump took the time to shake hands with them as he entered. Historically, Chief Justice Roberts has attended every presidential State of the Union address since his appointment in 2005.

Trump reiterated his stance on the burden and effect of tariffs, arguing that these tariffs are shouldered by foreign entities, whereby foreign tariff revenues could significantly alleviate the financial burdens on American citizens, effectively serving as a vital part of the modern income tax system. He touted that due to his tariff policies, economic resources such as factories, jobs, and trillions of dollars in investments continue to flow into the U.S. Furthermore, Trump claimed credit for attracting substantial investments, stating that while the previous administration secured less than $1 trillion in new investments over four years, he had garnered over $18 trillion worth of commitments globally in just one year, underlining that the investment landscape significantly depends on presidential leadership.

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