U.S. President Donald Trump has called on the Supreme Court to "quickly" overturn a New York court's decision temporarily blocking his tariff measures. In a Thursday night post on Truth Social, Trump criticized what he called an "unbelievable ruling against the United States" regarding "much-needed tariffs," while praising a federal appeals court's subsequent stay of the decision.

Key Developments:

1. Legal Battle:

   • U.S. Court of International Trade ruling blocked Trump's tariffs (Wednesday)

   • 11-judge Federal Circuit appellate panel issued stay (Thursday)

   • Trump calls ruling "completely wrong and politically motivated"

2. Economic Claims:

   • Trump asserts tariffs have brought "trillions flowing into U.S."

   • Warns ruling would require Congressional approval, causing delays

   • Claims reversal would "make America great again" financially

3. Constitutional Concerns:

   • Trump warns decision would "destroy presidential authority forever"

   • Calls it "the harshest financial penalty ever against a sovereign nation"

   • Insists presidents must protect America from "economic harm"

Background:

• April 2023: 12 states sued over tariffs (led by NY AG Letitia James)

• States argue tariffs:
  ✓ Increase consumer costs
  ✓ Slow economic growth
  ✓ Risk recession

• Trump signed "historic" reciprocal tariff order (April 2)

• Most tariffs suspended for 90 days (April 9)

Official Statements:

• Trump: "This terrible decision threatens our nation... The Supreme Court must act firmly."

• NY AG James: "These illegal tariffs will raise prices and unemployment."