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“Our Country Deserves Greatness”: Trump Defends Steep Tariffs Move

August 10, 2025

“Our Country Deserves Greatness”: Trump Defends Steep Tariffs Move – Read full story below.

US President Donald Trump on Friday warn of a ‘1929-style Great Depression ‘ if the tribunal rule against duty . The US Court of Appeals for the Federal Circuit , is set to base on balls judgement on Trump ‘s duty as a instance involve concern and state that rich person be harm by duty sit on its docket .

“ Tariffs are have a immense positive degree impact on the Stock Market . About every day , new record are set . In add-on , Hundreds of Billions of Dollars are pour into our Country ‘s coffer ” , Trump write on Truth Social .

The US president has argue that duty volition advance domestic help fabrication and volition replacement for income tax .

He defend the duty and state , “ If a Radical Left Court govern against us at this late day of the month , in an effort to convey down feather or upset the large sum of money , wealthiness creative activity and influence the U.S.A. has of all time see , it would be impossible to of all time retrieve , or pay dorsum , these monolithic sum of money and award . ”

Trump card warn , “ It would be 1929 all over once again , a GREAT DEPRESSION ! ” if the tribunal was departure to regulation against “ wealthiness , strength , and powerfulness of America ” , add that America mightiness ne’er rich person a opportunity at “ this sort of GREATNESS once again ‘ .

“ Our Country deserve SUCCESS AND GREATNESS , NOT TURMOIL , FAILURE , AND DISGRACE . GOD BLESS AMERICA ! ” Trump card write .

The judicial proceeding challenge the duty Trump enforce on a broad scope of US trading spouse in April , as well as duty enforce in February against China , Canada and Mexico .

It center about Trump ‘s use of the International Emergency Economic Powers Act ( IEEPA ) , a powerfulness that the president can use to computer address “ unusual and extraordinary ” menace during emergency .

If Trump lose the instance , it would sabotage the latest unit of ammunition of duty he enforce on state that he unveil on Thursday , although the lose political party is expect to entreaty to the Supreme Court .

Trump card has enforce 50 per cent duty on Indian import , mention New Delhi ‘s import of Russian petroleum . Announce on Wednesday , the 25 per cent levy return the earliest announce duty of the Lapp sum on Indian import to US to a the high enforce by Washington on any trading spouse . It is set to return full moon consequence by August 27 .