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Trump's lawyers say the Supreme Court's sweeping presidential immunity ruling should save him $83.3 million

Trump's lawyers say the Supreme Court's sweeping presidential immunity ruling should save him $83.3 million

Yahoo24-06-2025
Trump is arguing that presidential immunity should invalidate a $83.3 million jury verdict.
A jury last year ordered him to pay millions in defamation damages to E. Jean Carroll.
His lawyers now say the Supreme Court's sweeping immunity decision changes everything.
A federal appeals court is weighing a question important to Donald Trump: Can presidential immunity save him $83.3 million?
Lawyers for Trump and E. Jean Carroll argued Tuesday morning at the Second Circuit Court of Appeals over whether the president had, years earlier, waived the right to argue he had presidential immunity by failing to bring it up until late in the litigation process.
Justin D. Smith, who represents Trump, argued that presidential immunity is akin to the robust immunity members of Congress have through the Constitution's speech and debate clause, rather than the more easily waived immunity given to prosecutors and judges.
"Presidential immunity — even if it could be waived at all, which is not the case — cannot be inadvertently forfeited," Trump's lawyers argued in their appeal brief for the Carroll case.
In January 2024, a jury ordered Trump to pay $83.3 million in defamation damages for his many attacks on Carroll, where he disparaged her as a liar and insulted her appearance after she accused him of sexually assaulting him in the 1990s at a Bergdorf Goodman department store near Trump Tower in Manhattan.
According to a Forbes estimate, Trump's net worth is $5.2 billion. It's boomed since he won the 2024 presidential election thanks to his ownership of Truth Social and numerous crypto investments.
The Carroll verdict is about 1.6% of his estimated worth.
Before the trial, the Second Circuit Court of Appeals ruled that Trump had forfeited the right to argue he had presidential immunity in the civil case because he waited too long.
But last year, the Supreme Court adopted a more powerful conception of presidential immunity — one that protects presidents from criminal cases. That broader, more sweeping view should also cover Trump in the Carroll case and wipe away the massive jury award, the president's lawyers now argue.
Carroll's first defamation lawsuit against Trump, filed in 2020, was stalled for years in courts in New York and Washington, DC, because it concerned comments Trump made while he was still president.
The Justice Department argued at the time that Trump was immune from the lawsuit because of the Westfall Act, a law that protects government employees from legal action for statements they make as part of their job.
After completing his first term in office, Trump continued to attack Carroll online and at rallies. Carroll filed a second lawsuit against Trump in November 2022, alleging defamation as well as sexual abuse.
That second lawsuit, unencumbered by questions of presidential immunity, went to trial in 2023 in Manhattan federal court. In May of that year, the jury found Trump liable for sexual abuse and defamation and ordered him to pay Carroll $5 million.
Carroll's first lawsuit finally went to trial in January of 2024. After not showing up to the first trial, Trump briefly testified in the second.
Because another jury had already found Trump liable for defamation for calling Carroll a liar over her sexual abuse claims, the jury in the second trial only had to decide how much Trump would pay in additional damages for statements he made while he was president, as well as other insults he had hurled at Carroll since the conclusion of the first trial.
They landed at $65 million in punitive damages, $7.3 million to compensate Carroll, and $11 million to help repair her reputation — a total of $83.3 million.
"Presidential immunity shields from liability President Trump's public statements issued in his official capacity through official White House channels," Trump's lawyers wrote in an appeal brief.
Carroll's attorney Roberta Kaplan argued in her own brief that presidential immunity — like all other forms of immunity in the American legal system — can be waived. The Supreme Court's decision didn't indicate otherwise, she said in court.
"It doesn't use the word 'waiver,' and it doesn't speak to waiver," she told the judges Tuesday.
Smith argued that, because last year's Supreme Court decision didn't address issues of waivability, the appellate judges should instead look at other precedents related to speech-and-debate immunity for members of Congress.
"Waiver was not addressed in that case because it didn't need to be," he said.
Kaplan also addressed questions from the judges about the enormous damages the jury awarded Carroll. She said it was justified because of the threats Carroll received after accusing Trump of sexual assault, and because of the "disdain" Trump showed for Carroll and the court during the trial, as well as his continuing to defame her at press conferences while the trial was ongoing.
"They threatened her with rape and with killing by every means known to man," Kaplan told the judges of the many messages Carroll received following Trump's criticism.
Kaplan declined to comment on the arguments after the hearing.
"We thank the court for its time," Kaplan told BI, before turning around to speak to Carroll, who sat behind her during the arguments.
John Sauer, who argued the immunity case on Trump's behalf before the Supreme Court, also filed appeal briefs in the Carroll case. In September, Sauer urged the Second Circuit in an oral argument to toss the jury verdict against Trump in the first Carroll trial, in part because it featured testimony from other women who said Trump sexually abused them. The court upheld that verdict earlier this month.
Sauer is now serving as the Justice Department's solicitor general in the second Trump administration. And on Wednesday, the court denied a motion from the Justice Department to take over Trump's defense.
Smith, a Missouri-based attorney at Sauer's former law firm, argued against Kaplan at Tuesday's hearing instead.
Following the hearing, a spokesperson for Trump's legal team referred to Carroll's cases as "the Democrat-funded Carroll Hoaxes" and said the Justice Department should take over Trump's defense "because Carroll based her false claims on the President's official acts, including statements from the White House."
"President Trump will keep winning against Liberal Lawfare, as he is focusing on his mission to Make America Great Again," the spokesperson said.
In two of Trump's other high-profile appeals, Trump has retained the Big Law firm Sullivan & Cromwell. They're fighting a half-billion-dollar civil fraud judgment against the Trump Organization as well as a Manhattan jury verdict that found Trump guilty of 34 counts of falsifying business documents as part of the Stormy Daniels hush-money scandal.
In the criminal case, Sullivan & Cromwell — which argued their appeal before the Second Circuit earlier this month — also leans heavily on the Supreme Court's immunity decision.
Sullivan & Cromwell cochair Robert Giuffra and Boris Epshteyn, Trump's senior personal legal counsel, attended Tuesday's arguments.
In the elevator following the arguments, Epshteyn put his hand on Smith's shoulder.
"You did good," Epshteyn told him.
Read the original article on Business Insider
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Flurry of trade deals offers relief for some Asian countries, while others wait
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Flurry of trade deals offers relief for some Asian countries, while others wait

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FTSE 100 LIVE: Stocks surge as Trump strikes trade deals with Japan, the Philippines and Indonesia
FTSE 100 LIVE: Stocks surge as Trump strikes trade deals with Japan, the Philippines and Indonesia

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Follow along for live updates throughout the day: Indonesia to pay 19% tariff rate And the tariff news doesn't stop there... It has been announced that Indonesia is set to pay a 19% tariff rate. Trump posted: US also strikes trade deal with the Philippines Separately, Trump also announced that the US would levy a 19% tax on imports from the Philippines. He wrote on social media that the new tariff was part of a wider pact, in which the Philippines would remove duties on US goods and the two countries would cooperate militarily. "It was a beautiful visit, and we concluded our Trade Deal," Trump wrote on Truth Social, offering no further details about the apparent agreement. Compared to Japan, the Philippines is a relatively small trade partner with the US. Last year it sent around $14.2bn worth of goods to America, including car parts, electric machinery, textiles and coconut oil. 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US president Donald Trump said on Tuesday that a trade deal with Tokyo will include Japan paying a lower-than-threatened 15% tariff on shipments to the US. It also comes after an agreement with the Philippines that will see the US collect a 19% tariff rate on imports from there. Trump added that said representatives from the European Union were coming for trade negotiations on Wednesday, even as the EU was reportedly refining countermeasures in case of a deadlock before the 1 August deadline. Shares of carmakers surged on the back of the news with Mazda Motor (7261.T) rallying 17% and Toyota (7203.T) jumping more than 14%. Meanwhile the Hang Seng (^HSI) rose 1.3% in Hong Kong and the Shanghai Composite ( was 0.3% up by the end of the session. In South Korea, the Kospi (^KS11) added 0.4% on the day, with carmakers in the country also rising as the Japan deal fuelled optimism over potential progress in tariff negotiations between South Korea and the US. 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Here's a snapshot of what's on the agenda: 7am: Trading updates: Kier, Compass Group, Mitie, Greencore, Marstons, ME Group 7am: UK Public Sector Net Borrowing 9.30am: Supreme Court to rule on appeal against LIBOR and EURIBOR convictions of Tom Hayes and Carlo Palombo 12pm: US weekly mortgage approvals data 3pm: US new home salesIndonesia to pay 19% tariff rate And the tariff news doesn't stop there... It has been announced that Indonesia is set to pay a 19% tariff rate. Trump posted: And the tariff news doesn't stop there... It has been announced that Indonesia is set to pay a 19% tariff rate. Trump posted: US also strikes trade deal with the Philippines Separately, Trump also announced that the US would levy a 19% tax on imports from the Philippines. He wrote on social media that the new tariff was part of a wider pact, in which the Philippines would remove duties on US goods and the two countries would cooperate militarily. "It was a beautiful visit, and we concluded our Trade Deal," Trump wrote on Truth Social, offering no further details about the apparent agreement. Compared to Japan, the Philippines is a relatively small trade partner with the US. Last year it sent around $14.2bn worth of goods to America, including car parts, electric machinery, textiles and coconut oil. Separately, Trump also announced that the US would levy a 19% tax on imports from the Philippines. He wrote on social media that the new tariff was part of a wider pact, in which the Philippines would remove duties on US goods and the two countries would cooperate militarily. "It was a beautiful visit, and we concluded our Trade Deal," Trump wrote on Truth Social, offering no further details about the apparent agreement. Compared to Japan, the Philippines is a relatively small trade partner with the US. Last year it sent around $14.2bn worth of goods to America, including car parts, electric machinery, textiles and coconut oil. Japan welcomes US trade deal Japanese prime minister Shigeru Ishiba welcomed the US-Japan trade deal on Wednesday. He said: It comes as Japan was the fourth largest single-country export market for US agriculture and related products in 2022, valued at nearly $17bn (£12.5bn). This is according to a report from the International Trade Administration. The US was the country's largest supplier of food and agricultural products, followed by the EU, China, Australia, and Thailand. Japan was also the biggest export market for US beef and pork, valued at roughly $5bn combined, and the second largest market for US corn, valued at $3.3bn. Japanese prime minister Shigeru Ishiba welcomed the US-Japan trade deal on Wednesday. He said: It comes as Japan was the fourth largest single-country export market for US agriculture and related products in 2022, valued at nearly $17bn (£12.5bn). This is according to a report from the International Trade Administration. The US was the country's largest supplier of food and agricultural products, followed by the EU, China, Australia, and Thailand. Japan was also the biggest export market for US beef and pork, valued at roughly $5bn combined, and the second largest market for US corn, valued at $3.3bn. Asia and US overnight Stocks in Asia were higher overnight, with the Nikkei (^N225) surging 3.7% to a one-year high in Japan as the country struck a trade deal with the United States that lowers tariffs on its cars. US president Donald Trump said on Tuesday that a trade deal with Tokyo will include Japan paying a lower-than-threatened 15% tariff on shipments to the US. It also comes after an agreement with the Philippines that will see the US collect a 19% tariff rate on imports from there. Trump added that said representatives from the European Union were coming for trade negotiations on Wednesday, even as the EU was reportedly refining countermeasures in case of a deadlock before the 1 August deadline. Shares of carmakers surged on the back of the news with Mazda Motor (7261.T) rallying 17% and Toyota (7203.T) jumping more than 14%. Meanwhile the Hang Seng (^HSI) rose 1.3% in Hong Kong and the Shanghai Composite ( was 0.3% up by the end of the session. In South Korea, the Kospi (^KS11) added 0.4% on the day, with carmakers in the country also rising as the Japan deal fuelled optimism over potential progress in tariff negotiations between South Korea and the US. Across the pond on Wall Street, stocks inched to another record following some mixed profit reports. The S&P 500 (^GSPC) rose 0.1% to the all-time high it had set the day before, closing at 6,309.62, and the tech-heavy Nasdaq (^IXIC) slipped 0.4% from its own record, to 20,892.68. The Dow Jones (^DJI) gained 0.4% to end at 44,502.44. Stocks in Asia were higher overnight, with the Nikkei (^N225) surging 3.7% to a one-year high in Japan as the country struck a trade deal with the United States that lowers tariffs on its cars. US president Donald Trump said on Tuesday that a trade deal with Tokyo will include Japan paying a lower-than-threatened 15% tariff on shipments to the US. It also comes after an agreement with the Philippines that will see the US collect a 19% tariff rate on imports from there. Trump added that said representatives from the European Union were coming for trade negotiations on Wednesday, even as the EU was reportedly refining countermeasures in case of a deadlock before the 1 August deadline. Shares of carmakers surged on the back of the news with Mazda Motor (7261.T) rallying 17% and Toyota (7203.T) jumping more than 14%. Meanwhile the Hang Seng (^HSI) rose 1.3% in Hong Kong and the Shanghai Composite ( was 0.3% up by the end of the session. In South Korea, the Kospi (^KS11) added 0.4% on the day, with carmakers in the country also rising as the Japan deal fuelled optimism over potential progress in tariff negotiations between South Korea and the US. Across the pond on Wall Street, stocks inched to another record following some mixed profit reports. The S&P 500 (^GSPC) rose 0.1% to the all-time high it had set the day before, closing at 6,309.62, and the tech-heavy Nasdaq (^IXIC) slipped 0.4% from its own record, to 20,892.68. The Dow Jones (^DJI) gained 0.4% to end at 44,502.44. Coming up Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. To the day ahead we have data releases including US existing home sales for June, and the Euro Area's preliminary consumer confidence reading for July. Otherwise, earnings releases include Alphabet (GOOG) and Tesla (TSLA). Here's a snapshot of what's on the agenda: 7am: Trading updates: Kier, Compass Group, Mitie, Greencore, Marstons, ME Group 7am: UK Public Sector Net Borrowing 9.30am: Supreme Court to rule on appeal against LIBOR and EURIBOR convictions of Tom Hayes and Carlo Palombo 12pm: US weekly mortgage approvals data 3pm: US new home sales Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. To the day ahead we have data releases including US existing home sales for June, and the Euro Area's preliminary consumer confidence reading for July. Otherwise, earnings releases include Alphabet (GOOG) and Tesla (TSLA). Here's a snapshot of what's on the agenda: 7am: Trading updates: Kier, Compass Group, Mitie, Greencore, Marstons, ME Group 7am: UK Public Sector Net Borrowing 9.30am: Supreme Court to rule on appeal against LIBOR and EURIBOR convictions of Tom Hayes and Carlo Palombo 12pm: US weekly mortgage approvals data 3pm: US new home sales Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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