Trump: Removing Tariffs Would Have Devastating Impact on U.S.

On the 5th local time, U.S. President Trump stated in an interview with American media that the tariff case is "one of the most important cases" in U.S. history. He said that removing the tariffs would harm the U.S. economy and strategy, adding, "If we lose these, it would be devastating for our country."

In April this year, the United States announced the implementation of a so-called "reciprocal tariff" policy against all trading partners, establishing a 10% "minimum baseline tariff" and applying higher rates to some trading partners.

On November 5, the U.S. Supreme Court held oral arguments on the legality of the government's comprehensive tariff policy. Several justices questioned the Trump administration's approach of imposing high tariffs based on the International Emergency Economic Powers Act (IEEPA). Chief Justice Roberts pointed out that these tariffs are essentially "a tax on Americans, and that has historically been a core power of Congress."

American media reported that the Supreme Court could take weeks or even months to rule on this case. The New York Times believes this case is highly significant, and its outcome will have substantial economic and political impacts on American businesses, consumers, and the President's trade policy.