He Dominican government evaluates how the recent decision of the United States Supreme Court, which this Friday declared the reciprocal tariffs imposed by President Donald as illegal, could affect the Dominican Republic. trump.
The High Court ruling – which blocks the use of International Emergency Economic Powers Act used by trump to justify taxes on more than a hundred countries – could change the rules of the game between the Dominican Republic and the United States just at a time when both nations were negotiating a tariff agreement similar to that of Guatemala and El Salvador.
Officials linked to the negotiation insist that The news is too recent to determine how this will affect the dialogue between both nations regarding tariffs, and appealed to respect the internal process that is generating the court’s decision in the United States.
An excess of powers
The US Supreme Court declared this Friday that the US government “exceeded the emergency powers” invoked by President Donald trump to impose a large part of its taxes on the North American country’s trading partners, which would represent “a severe setback” to the president’s tariff policy, according to the EFE Agency.
According to the analyzes of the Supreme Court – in which six justices agreed and only three dissented – the International Economic Emergency Powers Act (IEEPA) of 1977 does not grant “inherent peacetime powers” to impose tariffs.
Although this regulation has been the pillar invoked by trump for the imposition of reciprocal tariffs, the Court’s decision does not prevent the president from imposing the same taxes under the use of other laws.
According to the agency, trump has insisted that it would be “very disappointing” if the Supreme Court considered illegal the implementation of a large part of the tariffs, which according to him, are the key to the economic success that his Administration is reaping and to put pressure on other nations regarding foreign policy.
Until then, the decision is generating widespread debate among administration officials trump and the private sector.
The Supreme Court’s decision puts on the table the possibility that the Executive will be forced to refund the liens withheld under the IEEPA to all importers for almost a year of tariffs, sums valued at billions of dollars.
trump has acknowledged that it would be “practically impossible” to return the amounts collected to the importers.
