President Donald Trump says there are alternative methods to apply tariffs that could potentially generate more revenue than the emergency powers now off limits.
“Other alternatives will now be used to replace the ones that the court incorrectly rejected. We have alternatives,” he told reporters at the White House.
He said the new avenues had been “approved by the decision” the court handed down today.
He cited various laws and sections that he would use, including the 1974 Trade Act and the Trade Expansion Act of 1962, but said it would make for a longer process. A number of those avenues require investigations before tariffs can be applied.
Trump argued the decision “made a president’s ability to both regulate trade and impose tariffs more powerful and more crystal clear.”
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