According to a report by PANews, a representative of the U.S. Department of the Treasury expressed the view that the likelihood of a court overturning the tariffs imposed by President Trump remains quite low. At the same time, negotiations regarding a trade agreement with the European Union are still in the discussion stage, while the head of state possesses broad constitutional powers to implement protectionist measures without additional approval from Congress.
Legal prospects of imposing tariffs
In an official statement, the Treasury emphasized that the probability of the U.S. Supreme Court intervening in the president’s decision on tariffs remains low. The administration cites extensive presidential powers in the field of international trade as provided by U.S. legislation.
Status of negotiations with the European Union
Against the backdrop of the introduction of tariff restrictions, negotiations with the EU on concluding a new trade agreement have yet to yield concrete results. These parallel processes demonstrate the complexity of modern international trade dynamics and the uncertainty regarding the likelihood of various scenarios developing in the near future.
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Trump's tariffs are unlikely to be overturned by an American court
According to a report by PANews, a representative of the U.S. Department of the Treasury expressed the view that the likelihood of a court overturning the tariffs imposed by President Trump remains quite low. At the same time, negotiations regarding a trade agreement with the European Union are still in the discussion stage, while the head of state possesses broad constitutional powers to implement protectionist measures without additional approval from Congress.
Legal prospects of imposing tariffs
In an official statement, the Treasury emphasized that the probability of the U.S. Supreme Court intervening in the president’s decision on tariffs remains low. The administration cites extensive presidential powers in the field of international trade as provided by U.S. legislation.
Status of negotiations with the European Union
Against the backdrop of the introduction of tariff restrictions, negotiations with the EU on concluding a new trade agreement have yet to yield concrete results. These parallel processes demonstrate the complexity of modern international trade dynamics and the uncertainty regarding the likelihood of various scenarios developing in the near future.