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Trump warns that rulings against his tariff plan could trigger depression

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08.08.2025

President Trump on Friday warned that a ruling against his sweeping tariff policy would trigger a depression similar to the great depression of the 1920s, warning that the country wouldn’t be able to recover.

“ If a Radical Left Court ruled against us at this late date, in an attempt to bring down or disturb the largest amount of money, wealth creation and influence the U.S.A. has ever seen, it would be impossible to ever recover, or pay back, these massive sums of money and honor. It would be 1929 all over again, a GREAT DEPRESSION!” he said on Truth Social.

The president added that if a court ruled against his tariff plan, “they should have done so LONG AGO” but also expressed optimism that the courts would rule in his........

© The Hill