U.S. president Donald Trump said that the national appeal court allowed the US authorities to apply duties "to defend against another countries", calling it a "important victory".
"The national appeal court has just ruled that the United States can apply customs to defend itself from another countries. This is simply a crucial and crucial triumph for the United States," said Trump on social media Thruth.
Trump signed an implementing regulation on 2 April imposing ‘reciprocal’ customs duties on imports from another countries. The American abroad Trade Court later ruled that Trump had exceeded his powers and ordered customs to be blocked. The appeal court later reinstated the executive order. In June, the appeal court reconsidered the legality of White home activities.
Summary: Trump Customs – the continuation of legal and economical gameplay
The issue of customs introduced by the Donald Trump administration is simply a perfect example of how trade policy can become the subject of fierce legal and diplomatic disputes. The decision of the national Court of Appeal, which restored the anticipation of imposing duties "for safeguard purposes", was hailed by Trump as a "significant victory". However, the full situation shows that the fight for the form of American trade policy is inactive ongoing and its effects can affect not only the relation between the US and abroad partners, but besides the global economy.
Why is this decision of the court so important?
Trump has long seen customs as a tool for forcing more favourable trading conditions. Its regulation of 2 April, introducing alleged ‘reciprocal’ duties, was intended to defend the interests of American companies from, in its view, unfair competition from another countries. However, the Court of abroad Trade found that the president had exceeded his powers, which led to a temporary blocking of duties. Now the appeal court has reversed this decision, giving the green light to proceed its protectionism policy.
What does this mean for the United States and the world?
- Strengthening US negotiating position – The decision of the court confirms the administration that customs are an effective tool of pressure. This may encourage Trump (or future presidents) to search akin measures in trade conflicts.
- The consequence of trading partners – Countries affected by US duties specified as China or the European Union can respond with further restrictions, which threatens to escalate the "trade wars".
- Business uncertainty “Legal fluctuations make investment planning hard for companies. Companies importing goods must face abrupt changes in regulations.
- Test for the legal system – The dispute shows how much power in commercial matters lies in the hands of the president and how courts can restrict or confirm it.
Is it truly a “great victory”?
Although Trump presents the court's decision as a success, the long-term effects of this policy stay uncertain. On the 1 hand, duties can defend any sectors of the US economy, on the another hand, lead to higher prices for consumers and weaken global cooperation. Since the case may even go to the ultimate Court, the last word in this conflict has not yet fallen.
In summary, the appeal court's decision is another chapter in the debate on the limits of presidential power and the future of global trade. In the short term, Trump may celebrate success, but the final balance of his customs policy will depend on the reaction of markets, trading partners and subsequent court decisions. 1 thing is certain – the issue of customs will not one more time return to the front pages of newspapers.
Continued here:
The Court of Appeal allows the US to apply customs duties to defend against another countries
