Could America's economy face disaster if tariffs aren't upheld?
Former President Trump warned that the U.S. stands on the "brink of economic catastrophe" if the Supreme Court doesn't rule in favor of his tariffs. His legal team argues these tariffs are crucial for national security and economic stability.
Recent filings, however, inadvertently suggested the tariffs might be unlawful, according to Vox. Businesses are already struggling with costly red tape and potential trade disruptions, as reported by Bloomberg.
Trump also hinted at potentially "unwinding" existing trade deals and significant economic suffering if the case is lost, Reuters reported. The Supreme Court's decision, expected soon, will significantly impact global trade and the American economy.
