- Trump claims tariffs are fueling record highs in the stock market and government revenue.
- He warns that a judicial ruling against the tariffs could cause a “Great Depression.”
- The post continues his pattern of framing legal threats as attacks on U.S. economic stability.
The Big Picture
President Donald Trump issued a stark warning Friday on Truth Social, claiming that any late-stage judicial ruling against his ongoing tariff strategy would trigger an economic disaster on par with the Great Depression of 1929. The post appears to respond to concerns that courts might intervene in his aggressive trade and taxation initiatives, which Trump argues are driving historic growth.
What We Know
In his lengthy post, Trump asserted that “hundreds of billions of dollars are pouring into our country’s coffers” due to his tariffs. He credited the policy for driving the stock market to “new records” nearly every day. However, he warned that if a “Radical Left Court” were to strike down the tariffs now, the consequences would be catastrophic for the U.S. economy.
“It would be 1929 all over again, a GREAT DEPRESSION!” he declared, arguing that such a ruling would erase unprecedented levels of “money, wealth creation, and influence.”
Backdrop: Court Ruling That Sparked the Post
The Truth Social post came shortly after the U.S. Court of International Trade (CIT) issued a unanimous ruling on Wednesday blocking the use of a national emergency statute to justify new import tariffs. The court found that the law had been stretched beyond its intended purpose.
The decision was handed down by a three-judge panel comprised of appointees from across the political spectrum: former President Donald Trump, former President Barack Obama, and former President Ronald Reagan. In a rare show of consensus, the panel concluded that Trump had overreached, writing that the president does not possess “unbounded authority” to impose punitive import taxes.
What He’s Saying
Trump portrayed himself as the most battle-tested figure in American judicial and political history, stating, “There is no one in history that has gone through the trials, tribulations and uncertainties such as I.” Despite the drama, he framed the moment as a turning point where “amazingly beautiful things can happen.”
He criticized the courts for not intervening earlier in the case, suggesting that such delays now pose a threat to “the wealth, strength, and power of America.” Trump argued that by waiting this long, the system risks putting the country in “1929 style jeopardy.”
Behind the Message
Trump’s post did not specify which court case he was referencing, but it comes amid a series of legal challenges to his trade policies and economic directives, as well as multiple ongoing court battles tied to his presidency and business dealings.
His messaging blends economic warnings with patriotic themes, concluding with a declaration that “our Country deserves SUCCESS AND GREATNESS.” Analysts note that such posts are part of Trump’s broader strategy to frame legal scrutiny as attacks on national strength and prosperity.
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