The US Treasury is in trouble The United States is experiencing a wide economic and political controversy after the appeals court's decision to cancel most of the tariffs imposed by former President Donald Trump. These fees were not just a commercial measure, but represented a key pillar to support US treasury revenues, as their revenue exceeded 150 billion dollars since the beginning of the year, with expectations of exceeding 300 billion by the end. The cancellation of these duties means that the government may have to refund hundreds of billions of dollars to importers, which the Treasury Secretary warned of as a direct threat to the public budget, which could deepen its deficit and increase the pressure on the US public debt. Dual economic impact From an economic point of view, the abolition of fees carries two contradictory sides. On the one hand, the Treasury will be affected by the loss of a huge source of income that may exceed 3 trillion dollars over the next decade, as the need to borrow increases and bond yields increase, which may weaken investor confidence in the US economy. On the other hand, easing tariffs may lead to a decrease in the cost of imports, thereby reducing inflation rates and increasing the purchasing power of American households. This double reversal makes the decision complicated, as it may create a temporary breakthrough in domestic prices, but in turn exacerbates the debt crisis and fiscal deficit in the long term. Political and commercial implications Politically, the file represents a challenge for the US administration; the loss of tariffs means the loss of an important pressure card in trade negotiations with the European Union and Asia. Trump has threatened to cancel trade agreements if the Supreme Court does not support his position, increasing global tension and opening the door to new economic disputes. In turn, the Treasury seeks to avoid a financial catastrophe that could weaken the dollar's position globally, especially with the accumulation of public debt at record levels. Between the tug-of-war of politics and economics, the fate of the fees remains in the hands of the Supreme Court, whose decision will determine the future of the US financial and trade balance in the coming years.
