Trump warns court ruling against tariffs could cause ‘economic ruination’ of US
'The Big Money Show' panel discusses U.S.- China trade talks after Treasury Secretary Scott Bessent said negotiations stalled. President Donald Trump on Sunday said if the courts rule against the administration's sweeping tariffs, it would mean the "economic ruination" of the country. The post comes after the U.S. Court of International Trade (CIT) ruled unanimously on Wednesday to block the use of an emergency law to enact punishing import taxes.Members of the three-judge panel, who were appointed by Trump, former President Barack Obama and former President Ronald Reagan, said Trump has overstepped and does not have "unbounded authority" to impose the tariffs. FEDERAL JUDGE BLOCKS 5 TRUMP TARIFF EXECUTIVE ORDERS President Trump warns of economic ruination if courts rule agai...