US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, on September 2, 2025.
Trump announced that US Space Command will move its headquarters from Colorado to Alabama.
fSaul Loeb | Afp | Getty ImagesPresident Donald Trump said Tuesday that he will ask the Supreme Court for an "expedited ruling" to overturn an appeals court decision that found most of his tariffs on imports from other countries are illegal."If you take away tariffs, we could end up being a third-world country," Trump told reporters at the White House.The U.S.
Court of Appeals for the Federal Circuit, in a 7-4 ruling on Friday, said that Trump does not have the authority to implement most of his tariffs.The appeals court delayed its ruling from taking effect until Oct.
14 to allow the Trump administration time to ask the Supreme Court to take the case and overturn the decision.Read more CNBC coverageTrump can't use National Guard, military in California to enforce laws, judge rulesSCO summit 2025: Key takeaways from Beijing's push to reshape global order'Gaza Riviera': Post-war redevelopment plan sees 'voluntary relocation' of millionsTrump's immigration push puts California's immigrant labor force at riskTrump: Drugmakers must 'justify the success' of Covid meds after FDA limits vaccinesRudy Giuliani hospitalized with serious injuries after car accident, spokesman saysTrump trade adviser blasts tariff ruling: It's 'weaponized partisan injustice'Trump tariffs that are voided by — and ones that are safe from — Friday's appeals court rulingMost Trump tariffs ruled illegal by appeals court in huge blow to trade policyFBI director Patel's girlfriend sues ex-agent for defamation over spy claimFate of Fed Gov.
Cook still up in the air after hearing on Trump firing bidTrump housing director Pulte lodges new criminal referral for Fed's Lisa Cook"We're going to be going to the Supreme Court, we think tomorrow, because we need an early decision," Trump said Tuesday, arguing that the "financial fabric of our country" is at stake"We're going to be asking for early admittance ...
we're going to ask for expedited, an expedited ruling."Trump also claimed that the U.S.
stock market indices were trying lower Tuersday because of Friday's ruling."The stock market's down because of that, because the stock market needs the tariffs," he said.
"They want the tariffs."The tariffs affected by Friday's ruling were implemented by Trump this year under the International Emergency Economic Powers Act, and slapped duties as high as 50% on imports from some countries.
The tariffs also included duties imposed on China, Canada and Mexico — who are the among the U.S.'s largest trading partners — because of those countries' purportedly not doing enough to stem the flow of the deadly opioid fentanyl into the United States.The Federal Circuit appeals court, in ruling that those tariffs are not legal, said, "The core Congressional power to impose taxes such as tariffs is vested exclusively in the legislative branch by the Constitution.""Tariffs are a core Congressional power," the court said.If the Supreme Court upholds the decision, most imports into the United States would not be subject to tariffs.Before the ruling, the Tax Foundation found that Trump's tariffs would affect nearly 70% of U.S.
imports. If the ruling is upheld, just 16% of imports would be tariffed.This is news. Please refresh for .