Trump says US will lose much of $15T in investments because 'radical left' court struck down tariffs

President Donald Trump said Sunday that "almost all" of the $15 trillion in investments as a result of his tariffs will be canceled as a result of a ruling last week by what he called a "radical left" court.

A federal appeals court Friday struck down many of Trump’s tariffs, saying the president unlawfully relied on emergency powers to impose the import taxes.

"More than 15 Trillion Dollars will be invested in the USA, a RECORD. Much of this investment is because of Tariffs," Trump said in his Truth Social post. "If a Radical Left Court is allowed to terminate these Tariffs, almost all of this investment, and much more, will be immediately cancelled! In many ways, we would become a Third World Nation, with no hope of GREATNESS again. TIME IS OF THE ESSENCE!!! President DJT."