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Judicial Stoppage of Tariffs Would Cause a “Great Depression”: Trump

Summary by El Economista
Donald Trump, president of the United States (EU), warned the weekend of the catastrophic consequences for the U.S. economy if a court finds that its imposition of radical tariffs constitutes an illegal takeover. If a “Radical Left Court” nullifies tariffs, “it will never be possible to recover, or return, these huge sums of money and honor,” he wrote on his Social Truth platform. “It will be 1929 again, a GREAT DEPRESSION!” Trump’s hyperbolic s…
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Donald Trump, president of the United States (EU), warned the weekend of the catastrophic consequences for the U.S. economy if a court finds that its imposition of radical tariffs constitutes an illegal takeover. If a “Radical Left Court” nullifies tariffs, “it will never be possible to recover, or return, these huge sums of money and honor,” he wrote on his Social Truth platform. “It will be 1929 again, a GREAT DEPRESSION!” Trump’s hyperbolic s…

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The 79-year-old Republican president also threatens to impose more tariffs on pharmaceuticals and semiconductors.

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Portafolio.co broke the news in on Sunday, August 10, 2025.
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