“I think it would be catastrophic for our country, but I also think we will have to prepare a plan B. Most people have told me that we have done everything correctly,” declared the president at the White House.
The government can use other tools to enforce customs duties, but they are “slow by comparison,” he explained.
A majority of Supreme Court justices questioned state lawyers at length Wednesday during a hearing on the tariff policy Trump has pursued since the start of his second term.
Based on the questions from the nine judges, specialists are leaning towards a ruling contrary to Trump’s policy, although the scope of the ruling is not clear.
Trump has boasted on multiple occasions about the benefits of this large-scale protectionist offensive: tens of billions of dollars of additional income for the coffers of the federal State, promises of massive investments in the country or purchases of American products in exchange for a tariff reduction.
If the Supreme Court, with a conservative majority, decides to totally or partially invalidate customs duties, the government fears having to refund the sums collected and losing a tool of pressure on the rest of the world.
