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Trump's Tariff Threat: Economic Stability or Great Depression?

8/9/2025

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Summary

Story summary

President Trump warned that halting his tariffs could plunge the nation into a "GREAT DEPRESSION," emphasizing their boost to the stock market. As a federal appeals court examines their legality, former House Speaker Paul Ryan suggests the Supreme Court might challenge Trump's emergency powers, potentially complicating future tariff decisions.

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Story summary

President Trump warned that halting his tariffs could plunge the nation into a "GREAT DEPRESSION," emphasizing their boost to the stock market. As a federal appeals court examines their legality, former House Speaker Paul Ryan suggests the Supreme Court might challenge Trump's emergency powers, potentially complicating future tariff decisions.