President Trump announced on Tuesday that there will be an emergency meeting on Wednesday, September 3, to address the recent court ruling that declared his global tariffs illegal. The decision has triggered uncertainty in markets and prompted the White House to move quickly toward an appeal to the U.S. Supreme Court.
Court ruling against tariffs
The U.S. Court of Appeals for the Federal Circuit ruled that President Trump’s sweeping tariffs, imposed under the International Emergency Economic Powers Act (IEEPA), were an unlawful use of emergency authority. Although the tariffs remain in effect until October 14, the decision marked a major setback for Trump’s trade policy.
The court gave the administration a narrow window to seek further legal remedies, intensifying the urgency behind tomorrow’s emergency session.
Trump warns of “economic emergency”
Speaking after the ruling, Trump framed the decision as an “economic emergency”, warning that lifting tariffs could damage American industry and even risk turning the U.S. into a “third-world country.”
The president argued that tariffs remain essential to protect domestic manufacturing and jobs, insisting that the administration will not step back from its stance.
Appeal to the Supreme Court
The White House confirmed that it will request an expedited Supreme Court hearing, potentially as early as Wednesday, to overturn the appellate decision. Trump and his legal team are preparing arguments that the tariffs fall within the president’s constitutional authority to defend national and economic security.
The emergency meeting is expected to finalize the legal strategy and align political messaging ahead of the appeal.
Market and political implications
Financial markets reacted with caution to the ruling. Wall Street analysts noted that uncertainty around tariff policy could affect equities and trade-sensitive sectors. Businesses with international exposure are closely watching the outcome, as the October 14 deadline looms.
Politically, the move sets the stage for another confrontation between the Trump administration and the judiciary, with potential consequences for U.S. trade partners and ongoing negotiations.
Sources: Reuters, Axios, Wall Street Journal
