Trump Administration, Appeals Against Ruling To Halt Reciprocal Tariff Implementation… File An Appeal
President Trump Not Thinking Of Abandoning Tariff Policy (Source: Bloomberg)
The Administration Of President Donald Trump Recently Officially Appealed Against The Us International Trade Court's Ruling To Suspend The Counter-Tariff Policy. This Ruling Was Based On The Judgment That The Counter-Tariff Measure Announced By President Trump On April 2, Named 'Liberation Day', Exceeded The Authority Of The International Emergency Economic Powers Act (IEEPA).
The International Trade Court Ruled That The Measure Was An Overreach Beyond The President's Authority And Ordered The Immediate Suspension Of The Implementation Of The Counter-Tariff Policy. However, The Trump Administration Did Not Accept This Decision And Entered The Appeal Process, Initiating A Legal Response.
This Appeal Is Interpreted As Part Of President Trump's Trade Policy Stance, Especially The Strategy Of Realizing America First Through External Pressure. The Administration Maintains The Position That The President's Authority To Protect The National Economy Should Be Broadly Interpreted. The Outcome Of The Appeal May Have A Significant Impact On The Direction Of Us Tariff Policy, So Attention Is Focused.