US President Donald Trump is ready to sign executive orders at the White House Oval Office in Washington DC on May 23, 2025.
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In the President of the US Donald Trump Is expected to find a solution then Suffer from a big blow To an important part of their economic agenda.
Planning US Court of International Trade Wednesday Judgmental The President has exceeded his authority by inviting the International Economic Power Act (IEPA) to impose severe tariffs on several countries.
The Manhattan -based court has ordered him to permanently stop Trump’s tariffs and restricted any future modifications.
The three -judge panel gave 10 days to the White House to complete the formal process of stopping the tariff. The Trump administration quickly appealed to the verdict.
Economists at Goldman Sachs The White House has some tools at its disposal, ensuring that it is only a temporary problem.
“This verdict represents a setback for administrative tariff plans and increases uncertainty but may not change the end result for most major US business partners,” Goldman Sachs analyst said in a research note.
“At present, we expect the Trump administration to find other ways to impose tariffs,” he said.
Options on the table
The Wall Street Bank said that the administration restricts the 10% baseline tariffs imposed on Trump’s high imports and additional tariffs on China, Canada and Mexico – but are not the zone tariffs imposed on steel, aluminum and autos.
The Trump administration has other legal methods that impose tariffs, however, according to Goldman. These include Section 122 of the Business Act of 1974, Section 301 and Section 338 of the Business Act of 1930.
Section 122 does not require a formal investigation and therefore one of the quickest ways to go around the court road block.
“The administration can quickly change the tariffs up to 15% under Second 122,” Goldman analysts said. However, he noted that such a move lasts only 150 days and then the law requires congressional action.
Trump Section 301 could be launched quickly about major US trading partners, putting a bureaucratic foundation for tariffs, although Goldman said the process would take several weeks at least.
Section 232 tariffs can be extended to steel, aluminum and other sectors that are already in effect for self -imports, but Section 338 allows the president to impose tariffs up to 50% on imports from countries that discriminate against the US
Goldman noted that the latter was not used before.
What about the Supreme Court?
James Ransdell, partner of law firm Cacedi Levy Kent, said the court’s opinion indicates the first of the pending cases – and the first substantive opinion outside the federal court really solves the challenging meat of the plaintiffs. “
Ransdell said the speed of the Trump administration’s appeal was “extremely unusual,” and indicates that the government can work throughout the night to prepare its movement for an emergency stay of the order.
“It is definitely a possibility,” he said.
“There are no pre -emergencies for this particular legislation and similar measures of the President, so there may be an interest in having the Supreme Court in taking it,” Ransdel told CNBC’s CNBC “China“Thursday.
On May 27, 2025, traders work on the floor of the New York Stock Exchange in the morning trading in New York City.
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T.S.
“The first thing they do is probably an urgent appeal to the Supreme Court … Wanting to get a judgment from them says that you can basically implement these tariffs. When the appeal process takes place,” Blitz said on Thursday.
“The executive order like this king was always going to enter the courts, at some time, the difference between the monarchy and the constitutional democracy,” he said.
