U.S. commerce consultant Jamieson Greer discusses China’s ‘vital’ financial challenges as President Donald Trump ramps up tariff stress on ‘Mornings with Maria.’
President Donald Trump mentioned he might attend subsequent month’s Supreme Courtroom oral arguments in a key tariffs case that might determine the way forward for his commerce coverage.
His attendance would make Trump the primary sitting president ever to witness Supreme Courtroom arguments in particular person.
The White Home didn’t instantly reply for additional remark.
TRUMP TARIFFS HAUL OVER $200B IN REVENUES AS SUPREME COURT WEIGHS CHALLENGE TO LEGALITY
President Donald Trump mentioned he’s contemplating going to the Supreme Courtroom to hearken to oral arguments with regard to a significant tariff case. (Demetrius Freeman/The Washington Submit/Getty Photographs / Getty Photographs)
“We’ve got an enormous case developing within the Supreme Courtroom, and I’ll inform you, that’s probably the most essential circumstances within the historical past of our nation,” Trump mentioned Wednesday from the Oval Workplace.
“If we don’t win that case, we might be a weakened, troubled, monetary mess for a lot of, a few years to return,” Trump mentioned, including, “That’s why I feel I’m going to go to the Supreme Courtroom to observe.”
The Trump administration oversaw consecutive months of record-breaking tariff collections in August and September, with revenues reaching a mixed $62.6 billion.
BACK-TO-BACK HIGHS: AUGUST AND SEPTEMBER BRING IN $62.6B IN TARIFF REVENUE
Whole responsibility income for fiscal yr 2025 climbed to $215.2 billion, in line with the “Customs and Sure Excise Taxes” figures launched on Sept. 30 by the Treasury Division.
Trump has defended his use of tariffs as a technique to appropriate what he describes as years of commerce imbalance. Commerce has been a cornerstone of his financial agenda.
TRUMP DEFENDS TARIFFS, SAYS US HAS BEEN ‘THE KING OF BEING SCREWED’ BY TRADE IMBALANCE
Whole tariff income for fiscal yr 2025 climbed to $215.2 billion, in line with the Treasury Division. (STR/AFP/Getty Photographs / Getty Photographs)
Earlier this month, throughout a bilateral with Canadian Prime Minister Mark Carney, Trump mentioned the U.S. was the “the king of being screwed by tariffs.”
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“I am not speaking about with Canada, I am speaking about with nations everywhere in the world,” Trump mentioned Oct. 7, naming China and the 27-member nations of the European Union.
“They took benefit of our nation. They don’t seem to be benefiting from us anymore,” he added.
