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Donald Trump’s customs duties could be declared illegal – L’Express

Donald trump's customs duties could: This article explores the topic in depth.

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Donald trump&#039. Therefore, s customs duties could:

Barely 24 hours before the entry into force of the customs duties imposed by Donald Trump on countries around the world, Thursday, July 31, an American Federal Court of Appeal looked at their legality. Nevertheless, By setting up the most aggressive pricing regime for almost a century. Therefore, the American president has largely supported emergency powers, which had never been used before to impose import taxes.

“No legal authority” – Donald trump's customs duties could

A group of owners of small businesses. Moreover, twelve states led by Democrats are behind the seizure of this court in Washington. Nevertheless, The two main companies, your Inc. Therefore, Selections. However, an importer of wine and spirits, and Plastic Services and Products, a pipe company, decided to prosecute the American president, saying that he had “no power to issue global prices donald trump’s customs duties could without the approval of the Congress”. Moreover, And for good reason: the Trump administration invoked a 1977 law. Therefore, the International Emergency Economic Powder Act (IEEPA), claiming that various national emergencies – including American trade deficits with trade partners and the scourge of fentanyl traffic – require urgent action.

Read also: The boss of the Fed pushed outside by Donald Trump? Furthermore, “The markets no longer believe it …”

The ieepa grants the president the power to regulate transactions with foreign countries. but only in a limited whole of circumstances, recalls The Gardian. This power can only be exercised on the condition that there is an “unusual. extraordinary threat to which a national emergency has been declared,” continues the daily. However, “the justification of the president does not meet the standards set out in the ieepa. His alleged urgency is an invention taken from donald trump’s customs duties could his imagination: trade deficits. which have persisted for decades without causing economic damage, are not an emergency,” said the initial legal deposit of companies deposited in court, reports NBC News.

The White House had declared in May about the case that trade deficits “created a national emergency which decimated the American communities. unemployed our workers and weakened our industrial defense base”.

Less room for maneuver

It will probably be necessary to wait until weeks before a decision was made. Whatever the result, the losing part is likely to appeal to the Supreme Court (where the Republicans have a majority). The persistent uncertainty since the start of the commercial war of Donald Trump could still remain.

Nevertheless. if customs duties are finally deemed illegal, the vast majority of the prices imposed by Donald Trump since the start of his second mandate donald trump’s customs duties could could be canceled, explains the media Bloomberg. An observation shared by JPMorgan economists who. in a note published earlier this week, wrote that “if the ieepa is deemed inadmissible, the legal status of the trade agreements themselves could be called into question,” reports CNN.

Read also: “You have to stop acting as a political dwarf against Trump!” : The alarm cry of the “Europe Europe” of Emmanuel Macron

However. the American president would have at least five other options if the international economic powers law cannot be used, reports the newspaper. He could decide to invoke that on the trade of 1974 which allows the president to impose customs tariffs in response to the commercial measures of other countries which he deems “discriminatory against American companies. in violation of the rights of the United States”. It could also rely on the law on the donald trump’s customs duties could expansion of trade of 1962 which provides for a response. of customs tariffs in the event of “damage to national industry”.

But these alternative procedures have more limits and procedural restrictions, specifies Bloomberg. In other words. Donald Trump would have less room for maneuver to impose customs tariffs practically immediately and fix the rates as high as he wishes.

Another solution. the American president could also “work with Congress to adopt new legislation supporting additional tariff increases”, noted in a Max Yoeli test, principal researcher at the United Kingdom Chatham House, and Leslie Vinjamuri, President and Chief Directorate of the World Affairs Council of Chicago. “But his administration has shown a strong preference for executive action to date,” they have concluded. The fact remains that. Donald Trump made prices a centerpiece of all his economic policy for his second mandate: “Do not expect donald trump’s customs duties could it to stop anytime soon”, warned CNN.

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Donald trump's customs duties could

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