Home -
Industry -
Main body -

WikiFX Express

Exness
EC markets
TMGM
XM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
GTCFX

Trump asks US Supreme Court to uphold his tariffs after lower court defeat

WikiFX
| 2025-09-04 02:37

Abstract:The move is in response to a lower court ruling that some tariffs did not fall within the presidents mandate.

President Donald Trump has asked the US Supreme Court to overturn a lower court decision that found many of his sweeping tariffs were illegal.

In a petition filed late on Wednesday, the administration asked the justices to quickly intervene to rule that the president has the power to impose such import taxes on foreign nations.

A divided US Court of Appeals for the Federal Circuit last week ruled 7-4 that the tariffs Trump brought in through an emergency economic powers act did not fall within the presidents mandate and that setting levies was a core Congressional power.

The case could upend Trumps economic and foreign policy agenda and force the US to refund billions in tariffs.

Trump had justified the tariffs under the International Emergency Economic Powers Act (IEEPA), which gives the president the power to act against unusual and extraordinary threats.

In April, Trump declared an economic emergency, arguing that a trade imbalance had undermined domestic manufacturing and was harmful to national security.

While the appellate court ruled against the president, it postponed its decision from taking effect, allowing the Trump administration time to file an appeal.

In Wednesday‘s night’s filing, Solicitor General John Sauer wrote that the lower court‘s erroneous decision has disrupted highly impactful, sensitive, ongoing diplomatic trade negotiations, and cast a pall of legal uncertainty over the President’s efforts to protect our country by preventing an unprecedented economic and foreign policy crisis.

If the Supreme Court justices deny the review, the ruling could take effect on 14 October.

  • What tariffs has Trump announced and why?
  • How much cash is the US raising from tariffs?

In May, the New York-based Court of International Trade declared the tariffs were unlawful. That decision was also put on hold during the appeal process.

The rulings came in response to lawsuits filed by small businesses and a coalition of US states opposing the tariffs.

In April, Trump signed executive orders imposing a baseline 10% tariff as well as reciprocal tariffs intended to correct trade imbalances on more than 90 countries.

In addition to those tariffs, the appellate court ruling also strikes down levies on Canada, Mexico and China, which Trump argues are necessary to stop the importation of drugs.

The decision does not apply to some other US duties, like those imposed on steel and aluminium, which were brought in under a different presidential authority.

WikiFX Express

Exness
EC markets
TMGM
XM
FXTM
FOREX.com
AVATRADE
IC Markets Global
FXCM
GTCFX

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Exness

Exness

Regulated
ACCM

ACCM

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Exness

Exness

Regulated
ACCM

ACCM

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Exness

Exness

Regulated
ACCM

ACCM

Regulated
FXTM

FXTM

Regulated
ATFX

ATFX

Regulated
XM

XM

Regulated
FXCM

FXCM

Regulated
Exness

Exness

Regulated
ACCM

ACCM

Regulated

Latest News

From Scam Hub to Safe Bet? Cambodia Fights Back to Win Investors

WikiFX
2026-01-21 12:02

PBOC Holds LPR Steady as Banks Guard Margins

WikiFX
2026-01-21 11:50

Sterling Wavers as UK Payrolls Plunge and Wage Growth Slows

WikiFX
2026-01-21 11:30

Trade War Escalates: Danish Fund Dumps Treasuries on Greenland Threats

WikiFX
2026-01-21 13:00

"Sell America" Trade Intensifies as Transatlantic Rift Deepens

WikiFX
2026-01-21 13:30

Fed Independence in Focus: Bessent Attacks Powell Ahead of Chair Nomination

WikiFX
2026-01-21 14:50

Gold Smashes Records: Poland Adds 150 Tons Amid Sovereign Buying Spree

WikiFX
2026-01-21 14:35

Dollar Stumbles as 'Greenland Row' Sparks Tangible Capital Flight

WikiFX
2026-01-21 15:30

Japan’s ‘Truss Moment’: Bond Market Meltdown Forces BoJ Into a Corner

WikiFX
2026-01-21 15:00

Trans-Atlantic Fracture: EU Weighs 'Capital Option' as Tariff War Looms

WikiFX
2026-01-21 16:30

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

HAMILTON

HAMILTON

Sifang

Sifang

TrustFX

TrustFX

ArgusFX

ArgusFX

EIGENFX

EIGENFX

Tribely

Tribely

Broker Jet

Broker Jet

4e

4e

Zonelinesvantop Group Limited

Zonelinesvantop Group Limited

Ons Forex

Ons Forex