Us federal appeals court on tariff case: The Federal Appeals Court of the US called the tariff imposed on almost every country by President Donald Trump as illegal. However, the court has not immediately abolished these tariffs and has given the administration time to appeal to the Supreme Court.

The court said that Trump misused the International Emergency Economic Powers Act (IEEPA) of 1977. The judgment of the Court of Appeals for the Federal Circuit said, “It does not seem possible that the Congress has intended to give the President the power to impose unlimited tariffs.” The trade court of New York had also given a similar verdict in May. However, the judges disagreed with the decision that this law is not unconstitutional and the President can be given tariff rights to a limited extent.

Tariff was imposed on “Liberation Day”

On April 2, Trump declared ‘Liberation Day’ and put heavy tariffs on all countries. Among them, up to 50% “reciperochl tariff” was on countries with which America’s trade deficit is imposed, while the rest of all countries were imposed a baseline tariff of 10%. Later, more additional charges were imposed on countries like India, which were associated with different reasons from the trade deficit.

America will be ruined by Trump

President Trump reacted strongly to the court’s decision. He said that if this decision is maintained, it will ‘destroy America’. Trump wrote on his social media site Truth Social, ‘If this tariff moves, the country will become completely weak. We will no longer tolerate any country, whether friend or inappropriate tariffs and business obstacles of the enemy. This decision will take America towards waste.

Trump will go to Supreme Court

White House spokesperson Kush Desai said that Trump has worked completely legal and he will eventually win in this matter. Meanwhile, American Attorney General Palm Bondi accused the court of interfering with the President’s foreign policy rights and asked to appeal to the Supreme Court. The Department of Justice has warned that if the tariffs are removed, it will prove to be ‘economic waste’ for the US. Revenue from the current tariff has reached $ 159 billion, which is twice as compared to last year.

A day after talking to Prime Minister Narendra Modi, Russian President Vladimir Putin called Brazil President Lula de Silva. According to Kremlin’s statement, the two leaders reiterated their resolve to further strengthen strategic partnership and coordination within the BRICS. According to the Brazilian President’s Office, the call took place on Putin’s initiative and it also discussed not only BRICS but also Brazil-Russia Cooperation with Ukraine, America and recent tariff policies.

A day earlier, President Lula called Prime Minister Modi. The two leaders emphasized the target of exceeding $ 20 billion to bilateral trade by 2030. Along with this, cooperation in areas like energy, agriculture and technology was also discussed. India-Brazil relations, especially on multilateral forums like BRICS and G20, have become rapidly strengthened in recent years.

What will be the effect of Trump’s tariff on BRICS?

US President Donald Trump has recently imposed high tariffs on both India and Brazil. America has imposed 50% tariff on India. Due to buying oil from Russia, US President Donald Trump imposed a high fee on Brazil, which is seen in the context of Republican pressure related to the trial against former President Bolsonaro in Brazil. These tariffs highlight the need for a collective response to the BRICS countries, although Lula has clarified that Brazil will not impose tariffs on America alone.

Brazilian strategic reaction

Responding to Trump’s tariff, Brazil has intensified efforts to increase trade with partners like China, India and South-East Asia. Although Brazilian oil producers have been relieved from American tariffs, concerns have increased about Brazil’s dependence on Russian diesel after applying additional tariffs on India.

What steps will Brazil take about tariff?

The recent dialogue between Lula, Putin and Modi indicates that BRICS countries can formulate a joint strategy against the American tariff. Although no official joint statement has been issued yet, the process of dialogue shows that this issue will be a major agenda in the upcoming BRICS conferences.

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The US has increased the already implemented 25% tariff to 35% on Canada. According to the White House, the decision was taken due to Canada’s “continuous inactivity and retaliation”. Trump claimed that Canadian Prime Minister Mark Carney had called for a conversation before the deadline of August 1, but could not talk. In the press conference, Trump said, “We did not talk to Canada today. He (Carney) has called, let’s see what happens.”

Canada’s answer: We will talk when it is necessary
During a press conference in British Columbia, PM Mark Carney said, “Canada is the second largest investor in the US today. We have 40 million citizens.” He said, “Without any compromise, business will definitely decline.”

Canadian minister said: Search for reliable partners
Canadian Finance Minister François Filip Champagne said that now the country is looking for such business partners that can be trusted. He said this during a meeting with External Affairs Minister Anita Anand and Mexico President Claudia Shinbaum.

This tariff is against CUSMA agreement
The CUSMA trade agreement between Canada, the US and Mexico is against these tariff rates. Currently, Canada’s steel, aluminum and copper are charged up to 50%, which violates the rules of the agreement.

Trump said- I still stand on CUSMA
Carney said that last week Trump has reiterated his commitment to the US-Mexico-Canada Agreement (CUSMA). Under this agreement, Canada gets a duty-free access in the US on its 85% exports. Earlier on Tuesday, Canadian Finance Minister Francois-Filip Champagne met Foreign Minister Anita Anand and Mexico President Claudia Shinbam. During this, he said that Canada is now looking for such business partners, which he can “trust”.