‘1929 all over again’: Trump warns US court – is his tariff war about to hit legal wall?

Donald Trump cautioned American courts against weakening the International Emergency Economic Powers Act (IEEPA), a law he used to impose tariffs, including a 50% tariff on India. Trump warned on Truth Social that invalidating the IEEPA could trigger a severe economic downturn, likening it to the Great Depression of 1929.