• Latest
  • Trending
Trump launches crypto venture to fuel 2024 Presidential run

What Trump said after Federal Court announces tariffs as illegal?

Aditya Birla Capital targets doubling of AUM in three years

Aditya Birla Capital targets doubling of AUM in three years

CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend

CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend

Paytm profit jumps 79% in June Quarter

Paytm profit jumps 79% in June Quarter

PNB Q1 profit surges 213% on lower tax outgo

PNB Q1 profit surges 213% on lower tax outgo

TCS launches Google Gemini Experience Center in Kolkata for AI innovation

TCS launches Google Gemini Experience Center in Kolkata for AI innovation

ICICI Bank Q1 profit rises 16% on strong NII and better asset quality

ICICI Bank Q1 profit rises 16% on strong NII and better asset quality

BharatPe, SG Finserve partner to simplify digital loans for MSMEs

BharatPe, SG Finserve partner to simplify digital loans for MSMEs

Emergent reaches unicorn status at $1.5 billion valuation after fivefold valuation jump in four months

Emergent reaches unicorn status at $1.5 billion valuation after fivefold valuation jump in four months

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

Cognizant to hire 1,500 U.S. graduates by end-2026 for AI roles

Cognizant to hire 1,500 U.S. graduates by end-2026 for AI roles

NVIDIA, Noetra to build world’s first national AI factory for physical AI in Japan

NVIDIA, Noetra to build world’s first national AI factory for physical AI in Japan

India’s Grid is running on Coal in the Middle of Monsoon Season

India’s Grid is running on Coal in the Middle of Monsoon Season

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Tuesday, July 21, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

What Trump said after Federal Court announces tariffs as illegal?

in world
Reading Time: 2 mins read
0
Trump launches crypto venture to fuel 2024 Presidential run
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 1 September 2025

United States President Donald Trump is standing up for his move to impose tariffs on most products entering the nation. This follows a decision by a Federal Court that most of the tariffs are illegal.

A United States appeals court told President Trump that he applied the wrong law to impose extremely large tariffs. The court told Trump that the International Emergency Economic Powers Act does not authorize the president to make such broad regulations. Only Congress has the authority to enact taxes and tariffs under the Constitution.

Although the court decided against the tariffs, it stated they may remain in effect until 14th October. This allows the government time to petition the Supreme Court to hear the case.

President Trump Responds

President Trump posted powerful messages on his social media site known as Truth Social. He mentioned that if it were not for the tariffs, the nation would be totally devastated and the military would have lost its strength. According to him, the tariffs have introduced trillions of dollars and made the United States powerful.

He also stated the court made an awful ruling and that it was political. Trump noted that one judge who had been appointed by former President Obama voted in favor of the tariffs. Trump thanked that judge and stated he was very courageous.

What the Court Decided

The court ruled that the president overstepped by employing emergency powers to impose huge tariffs on numerous nations. The court considered two major tariff proposals. One was made in April and the other in February. They covered approximately 69% of all products imported into the United States. If the court decision is not reversed, only 16% of them will remain tariffed.

Which Tariffs Stay

Certain tariffs will remain in place. They are the tariffs on steel and aluminum. They were enacted under a different statute and weren’t included in this case. Specialists claim those tariffs have better odds of withstanding future legal attacks.

What Happens Next

The government can then refer the case to the Supreme Court. If the court upholds the ruling of the lower court, the majority of tariffs will be abolished. Until now, the tariffs remain in effect, and companies and other nations are holding their breath waiting for the next developments.

Related Posts

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

ADX lists six new single stock futures, enhances Bloomberg integration for global investors

0

DBT Bureau Pune, 19 July 2026 The Abu Dhabi Securities Exchange Group listed six new Single Stock Futures — on...

Crude oil drops on signs of US Iran deal

Crude oil drops on signs of US Iran deal

0

Athira Sethu Kochi, 25 May 2026 The price of crude oil witnessed a sharp fall during the morning session of...

Crude oil prices drop as US Iran peace talks continue

Crude oil prices drop as US Iran peace talks continue

0

Athira Sethu Kochi, 7 May 2026 Prices for Crude Oil Fell to Around $101 per Barrel Early Thursday Morning, May...

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

NASA’s SLS rocket, powered by Boeing, launches Orion moon mission

0

DBT Bureau Pune, 3 April 2026 NASA’s Space Launch System (SLS) rocket, featuring a core stage built by Boeing, launched...

Aditya Birla Capital targets doubling of AUM in three years
Data Story

Aditya Birla Capital targets doubling of AUM in three years

0

Athira Sethu, Kochi, 21 July 2026 Aditya Birla Capital has laid out an ambitious growth roadmap, aiming to double its...

Read moreDetails
CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend
News

CSM Technologies FY26: PAT up 70%, order book at ₹357.63 crore, ₹0.50 dividend

0

DBT Bureau Pune, 21 July 2026 CSM Technologies Limited, a GovTech and enterprise digital transformation company, today announced its audited...

Read moreDetails
Paytm profit jumps 79% in June Quarter
Finance

Paytm profit jumps 79% in June Quarter

0

Athira Sethu Kochi, 21 July 2026 One97 Communications, the parent company of Paytm, posted a strong start to FY27, with...

Read moreDetails
PNB Q1 profit surges 213% on lower tax outgo
News

PNB Q1 profit surges 213% on lower tax outgo

0

Athira Sethu Kochi, 20 July 2026 Punjab National Bank (PNB) reported a sharp 213% year-on-year (YoY) rise in standalone net...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.