U.S. Federal court allows Trump to continue tariffs
發佈日期: 2025-05-30 20:54
TVB News
A U.S. federal appeals court has allowed President Donald Trump to continue collecting tariffs under an emergency powers law, for now.
This, while his administration appeals a ruling by a trade court, which struck down his use of a law linked to national emergencies to impose massive tariffs on trading partners.
Some analysts say Trump will use any legal means necessary to carry out his tariff policies.
Brian Warpup is a longtime farmer of soybeans, corn and other produce in Indiana. His business has endured bad weather and the COVID-19 pandemic. But Donald Trump's tariff policies are different.
With a 90-day pause in high tariffs between the U.S. and China due to end in August, Warpup's summer harvest, mostly for soybeans, is under threat.
Said Warpup: "Since we have this 90-day pause, it gives us a little time to breathe and kind of stabilise where prices aren't so erratic. I hope for either a second pause to get me through the harvest or that time is negotiated to get a deal with those countries that are involved."
If farmers such as Warpup are looking for clarity, it is not coming anytime soon.
On Thursday, a United States Court of Appeals for the Federal Circuit in Washington temporarily reinstated the most sweeping of Trump's tariffs.
This after the U.S. Court of International Trade suspended Trump's "Liberation Day" tariffs on imports from most trading partners, saying only Congress had the authority to impose such levies.
The Trump administration is even considering using the Trade Act of 1974, which allows for up to 15 percent tariffs for 150 days, on countries with strong trade deficits.
Analysts say that Trump will find some avenue to impose tariffs and give him leverage for negotiations.
BNP Paribas chief market strategist Daniel Morris said: "We know how important tariffs are to Trump's worldview. He's been talking about this for decades. You imagine the administration is not going to give up and from that point of view, I would think the other countries that are negotiating with the U.S. might think it's worth sticking with the negotiations."
The White House reacted angrily to the trade court's ruling.
Press secretary Karoline Leavitt said: "The courts should have no role here. There is a troubling and dangerous trend of unelected judges inserting themselves into the presidential decision-making process."
U.S. Treasury Secretary Scott Bessent said partners were continuing to negotiate in good faith.
He did say that trade talks with China have "stalled a bit" and may need direct involvement by President Xi Jinping and Trump.
