President Donald Trump on Friday claimed that the United States would fall into a second Great Depression if the courts rule he cannot impose many of the tariffs he levied on foreign goods.

“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,” Trump said in a Truth Social post. “It would be 1929 all over again, a GREAT DEPRESSION!”

The United States Court of Appeals for the Federal Circuit last week heard arguments concerning a ruling by the U.S. Court of International Trade last May that Trump exceeded his authority with many of the tariffs he imposed on international trading partners. 

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