US President Donald Trump says recent trade deals could be undone if the Supreme Court rules his tariffs to be illegal. A US Court of Appeals found last week that many of his reciprocal tariffs were unlawful under emergency powers, though the duties remain in place until mid-October.
00:00U.S. President Donald Trump says he might have to unwind recent trade deals with other nations if the U.S. Supreme Court rules his tariffs to be illegal.
00:09These deals are all done. I guess we'd have to unwind them.
00:13We've done deals with Japan, with South Korea. We've done deals with many countries and others to come.
00:20And if we didn't have the power, prestige and dignity of tariffs, if we didn't have them, they would use them on us and we would have no way to fight them.
00:30We would be a third world nation. So I think it's one of the most important cases I've ever seen go before the Supreme Court.
00:37Last week, the U.S. Court of Appeals ruled that many of Trump's reciprocal tariffs were unlawful under the emergency powers cited by the White House.
00:45Those duties remain in place until mid-October, giving the Supreme Court time to decide whether to take up the case.
00:52Tariffs have been one of Trump's most frequently used tools in trade talks.
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