US court raises Trump's tariffs: a victory for free trade!
US court raises Trump's tariffs: a victory for free trade!
In a pioneering judgment, a Federal Supreme Court in the United States decided that President Donald Trump has no authority to impose extensive tariffs, citing an emergency law. This decision, which affects almost all of Trump's government's tariffs, ordered that the tariffs are "lifted and their application permanently prohibited". This also includes the penalty taxes, which were introduced in early April 2025, on the symbolic "day of liberation". The US government plans to appeal to this judgment, which could lead to a long-lasting legal dispute that questions the legal foundations of Trump's trade policy. According to Tagesspiegel have sued a variety of states, including many democratically and argue that the survey of taxes and tariffs belongs in the hands of the congress and not in that of the president. In his defense,Trump referred to the trade deficits, which he regards as a national security risk. His strategy also provides to conclude bilateral trade agreements with individual countries in the hope of negotiating "better deals" for the USA. At the same time, the trade conflict between the United States and Europe has intensified, with Trump threatening the European Union with punitive tariffs of up to 50 percent. These impending measures were postponed by one month with the aim of finding a solution by July 9, 2025. In this argument, the EU reserves the right to be met, which further reinforces the area of tension.
the economic implications
The long-term effects of Trump's customs policy are considered negative for the US economy. Experts find that tariffs weaken consumption, investments and economic growth. In addition, the role of the US dollar as a global currency is threatened by these trade barriers. As The Presse reports the tariffs to the bilateral trade deficits, which means that a higher deficit also means Customs leads. Planned tariffs of up to 20 percent on EU imports are in the room, which could not only result in price increases for consumers, but would also increase the pressure on the US economy.
The dependency of the USA of imports shows clearly: In 2023, the USA imported around 3.1 trillion in the value of around 3.1 trillion, including cars, medicines and technological products such as smartphones and computers. In the automotive sector in particular, the United States is an important market for international brands, including German manufacturers such as Volkswagen and BMW. This import situation harbors risks, especially in the face of geopolitical tensions that the global supply chains could strain. Trump expressed concerns about the dependence on foreign vehicles during his term in office and introduced tariffs to imports of Chinese goods, which led to a decline in American exports to China, especially in agricultural products.
conclusion and outlook
Trump's trade and customs policy faces considerable challenges. The current situation shows that protectionist measures not only endanger economic stability, but can also burden international trade and relationships with important trading partners such as China. Customs could reduce the purchasing power of consumers and lead to higher prices in the automotive and technology sector. In order to increase competitiveness, long -term solutions in education, research and diversification of trading partners should be sought. The present situation in which the United States has a commercial balance sheet deficit of $ 1.15 trillion in the goods trade requires quick action and innovative approaches to secure a sustainable economic future.
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