In the legal dispute around the regular tasks, the US government has achieved a point victory. A final decision is still being dealt with, but the rates will soon be employed by other judges.
As reported, a court for international trade in New York had declared almost all rates that Trump ordered on Wednesday. The extra taxes on the input would “be canceled and their application permanently prohibited,” the court ordered. The decision was a major setback for American trade policy, but did not even exist for 24 hours.
The government immediately turned to the next higher copy, which the order stopped again on Thursday. The Court of Appeal in Washington now wants to investigate the case and asked all parties to submit further statements in June. The US government could win, but is just as subject to the first instance. Ultimately, the case could land for the highest American court. Trump is already talking about that.
Another legal basis is conceivable
This is not the only legal dispute that runs in this case. At a court in Washington, the government was defeated on Thursday – another decision that should go to the next case.
Import can now be arranged with a different legal basis. Trump’s spokeswoman indicated that it would be considered. If the US government does this, it is likely that it will be charged again. The congress can also be switched on. Securing a majority is longer and more complex than the Supreme Court, where the president brought the majority of the judges to the right during his first term.
Relies on national security
The American president is a big fan of rates that he can easily arrange by signature. If there is too much headwind, he will also re -see or shift his endangered rates. The uncertainty for trading partners must remain. Many, including the EU, are already negotiating with the United States to make agreements.
Customs on products such as steel, aluminum and cars, as well as taxes on products such as medicines and semiconductors are not influenced by the decisions of the court. Trump relies on national security.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
