A cloud hangs over the global economy, experts warned, after judging the fate for bombs Tariffs Donald Trump, Creating more “confusion and uncertainty.”
Financial markets reacted positively by the unanimous judgments by three judges, but the decision was podala white house, with the official spokesperson of the US President, Stephen Miller, calling her another “judge coupl”.
The White House complained of a decision, but that means all the tariffs “Liberation Day” facing a long-term legal process that could overshadow trade speech and delay the implementation of existing contracts, including Britain.
Trump Administration won a temporary refund through the appeal, which means The tariffs will be returned As the case goes through the courts.
The decision is only 25 percent of steel tariffs, aluminum and cars do not affect the decision.
The secretary for pressing White House Karolina Leavit criticized the judgment of the court as an example of the “judicial predominance”.
She added that the tariffs were g. Trump presented to address American trade deficits with other nations and said that taxes are “legally sounded” and “longtime”.
Ms. Leavitt hit the judges in Briefing, saying that they were threatening to “undermine” the credibility of American in the global phase.
When asked why other countries continued to trade negotiations, she said the American Ambassador to trade heard from countries this morning that they intended to continue with the USA.
“We will visit this battle in court,” said the media, adding that the court tries to stop Mr. Trump from “correcting the mistakes of the past.”
Chris Southworth, Secretary General of the International Commerce of the United Kingdom (ICCUK), said that the months of the legal vessel would further weaken economic trust.
He said, “He just puts a whole cloud over all the negotiations with the United States, because it is not clear what the US is negotiating and what their position will be from the legal point of view.
“The problem is, these tariffs are currently changing almost every day with the US, and this insecurity is not good for work.”
Marko Forgiveness, Director General of the Chertered Institute for Exports and International Trade, is also concerned about the impact.
He said, “It is clear that we now live in a time of growing insecurities. But companies, especially our world leading food and drink producers, should not rush to react. No matter the reaction.
“The UK must keep open, trade based on the rules to provide our exporters the safety they need to succeed.”
Simon Eveett’s trade economist said Independent In order for the verdict to make the tariffs on sensitive sectors such as cars, steel, aluminum and pharmaceutically intensified, instead of descending, because they are not covered by a verdict.
He said, “British main interests lay in the area of cars, steel, aluminum products. They are all covered in national security investigations and are not covered yesterday. They remain the risks of the UK in these sensitive sectors and are likely to occur.”
However, the ally of the Trump Administration – Andrew Hale, a trade expert from the influential foundation for heritage – he said Independent That the decision is a judge “good news” for the UK.
Mr. Hale described the agreement that Mr. Trump and Sir Keir Starmermer earlier earlier this month earlier this month as “just a framework document with very little.”
Added, “It was supposed to be the beginning for further trade negotiations and deal with some tariffs. So [the ruling] is good news [for the UK] because it prevents [Trump administration] Because it is harmful to negotiating Trump Administration. They cannot use international emergency economic powers to quickly and widely impose tariffs as negotiating tactics in negotiations. “
In the speech on Thursday, Mr. Keir, he defended his job with Mr. Trump in spite of the new issues in terms of conditions – and the U.S. Revelation still did not arrange for cars and steels from the UK, as originally agreed.
The Prime Minister pointed out that the agreement will ultimately help workers on the Jaguar Land Rover, whose jobs were under threat.
But the uncertainty created intent has already led to smaller companies in the UK, leaving the US market, according to the Federation of Chair for Mala Business Policy McKenzie.
She said, “This court decision offers the possibility of short-term relief for small businesses, many of whom have spent the last few months caught in transferring rules and sudden additional costs.
The Commons Select business and trade board is placed to open an inquiry on trade with the USA.
Liam Byrne Chairman said: “There is still significant uncertainty in this regard that the sectoral exception in a recent contract actually enters into force, and what in the UK should do to access them. On the wider tariffs, my understanding is to return to the previous level.”
Meanwhile, LIB LIB DEM, SIR ED Davey requested David Lammy Minister’s foreign secretary to the new American ambassador, Warren Stephens, to explain the situation.
He said, “The level of chaos from Trump’s economic policy puts Liz Truss on shame.”