whatsapp

Trump Announces New 10% Global Tariff After Supreme Court Ruling

/media/Trump_Announces_New_10_Global_Tariff_After_Supreme_Court_Ruling.webp © Image Copyrights Title

Washington: US President Donald Trump announced a new 10% global tariff on imports shortly after the US Supreme Court ruled that his earlier sweeping tariffs exceeded presidential authority.

Speaking at the White House on Friday, Trump said he would sign an order imposing a 10% global tariff under Section 122 of the Trade Act of 1974. The new tariff will be added to existing duties already in place.

The Supreme Court ruled 6–3 that the broad tariffs Trump imposed under the International Emergency Economic Powers Act (IEEPA) were not legally valid. The court said the US Constitution gives Congress, not the president, the power to impose taxes, including tariffs.

Chief Justice John Roberts wrote in the majority opinion that the Constitution clearly assigns taxing authority to Congress.

Trump Vows to Continue Tariff Policy

Despite the ruling, Trump said he would move forward using other legal tools available to the executive branch.

“The decision only overruled one particular use of IEEPA,” Trump said, adding that other tariff laws remain available.

Vice President JD Vance criticized the court’s decision in a post on social media, saying Congress had granted the president authority to regulate imports.

Trump also confirmed that existing national security tariffs under Section 232 and current Section 301 tariffs would remain in place.

What Legal Options Remain?

The administration is now expected to rely mainly on Section 301 and Section 122 of the Trade Act of 1974.

Section 301 allows the US government to investigate unfair trade practices by foreign countries and impose retaliatory tariffs. However, investigations can take up to 12 months before action is taken.

Section 122 allows the president to impose temporary import surcharges of up to 15% for a maximum of 150 days. No investigation is required, but Congress must approve any extension beyond that period.

US Treasury Secretary Scott Bessent had previously acknowledged that these alternatives are not as powerful or as flexible as the emergency powers law that was struck down.

Legal Challenges Continue

The Supreme Court case followed lawsuits filed by several US states and businesses that argued the emergency law did not authorize tariffs.

Trump criticized those who brought the lawsuits and said he would continue pursuing tariff policies through other legal methods.

Some tariffs remain in effect, while others may be replaced with new duties under different legal authorities.

The ruling marks a significant moment in the ongoing debate between Congress and the executive branch over trade powers.

Commnets 0
Leave A Comment

Related Posts
© Sweden’s Centre-Left Edges Ahead by Three Seats in Preliminary Results

Sweden’s Centre-Left Edges Ahead by Three Seats in Preliminary Results

Sweden’s centre-left opposition bloc is narrowly ahead in the country’s parliamentary election, with preliminary results showing the alliance holding 176 seats compared with 173 for the right-wing blo...

© US Inflation Holds at 3.4% as Monthly Price Rises Hit Fastest Pace Since May

US Inflation Holds at 3.4% as Monthly Price Rises Hit Fastest Pace Since May

U.S. inflation remained at 3.4% in August, unchanged from July, but a sharper monthly increase in consumer prices is giving the Federal Reserve a fresh reason to remain cautious about inflation....

© Italy Extends Diesel Excise Cut by One Week: Set to Be Last General Discount

Italy Extends Diesel Excise Cut by One Week: Set to Be Last General Discount

Italy has extended its temporary cut in diesel excise duties by another week, keeping the fuel tax reduction in place until September 17 as the government continues to respond to rising energy costs l...

© Formula 1 Sends Madrid Holiday Rents Soaring: Up to €20,000 Near Circuit

Formula 1 Sends Madrid Holiday Rents Soaring: Up to €20,000 Near Circuit

The arrival of Formula 1 in Madrid is creating a second race away from the track, with accommodation prices around the new MADRING circuit soaring as fans compete for places to stay....

© Italy Proposes No Fees for Digital Euro Payments Under €10

Italy Proposes No Fees for Digital Euro Payments Under €10

Italy has proposed exempting digital euro payments below €10 from merchant fees, in a move designed to make the European Union’s planned digital currency more attractive to small businesses....

© China Exports Accelerate on Strong Demand for Autos and High-Tech Goods

China Exports Accelerate on Strong Demand for Autos and High-Tech Goods

China’s exports accelerated sharply in August, rising 25% from a year earlier as strong overseas demand for automobiles, electric vehicles and high-tech products helped support the world’s second-larg...

© Europe’s Busiest Ports Ranked: Which Cities Lead in Goods Transport?

Europe’s Busiest Ports Ranked: Which Cities Lead in Goods Transport?

Europe’s ports remain at the centre of the continent’s trade network, moving hundreds of millions of tonnes of goods each year and connecting European industries with markets across Asia, Africa and t...

© TAP Privatisation: Portugal Opens Talks With Air France-KLM and Lufthansa

TAP Privatisation: Portugal Opens Talks With Air France-KLM and Lufthansa

Portugal has moved the partial privatisation of its national airline TAP Air Portugal into a new phase, opening negotiations with Air France-KLM and Lufthansa after both groups submitted binding offer...

© France Rejects China’s Discrimination Claims Over Anti-Fast-Fashion Law

France Rejects China’s Discrimination Claims Over Anti-Fast-Fashion Law

France has rejected China’s accusations that its new anti-fast-fashion law unfairly targets Chinese companies, saying the measures are intended to protect the environment and consumers rather than dis...

© Trump Becomes First Sitting US President to Appear on a Coin

Trump Becomes First Sitting US President to Appear on a Coin

President Donald Trump has become the first sitting U.S. president in nearly a century to appear on American currency, after the U.S. Mint began selling a special $1 coin featuring his likeness....

© Eurozone Inflation Jumps to 3.3% in August as Energy Prices Surge

Eurozone Inflation Jumps to 3.3% in August as Energy Prices Surge

Inflation across the eurozone accelerated sharply in August, reaching 3.3%, as soaring energy costs pushed prices higher and added fresh pressure on the European Central Bank (ECB)....

© G20 Finance Chiefs Meet in North Carolina as Iran Sanctions and Tariffs Take Center Stage

G20 Finance Chiefs Meet in North Carolina as Iran Sanctions and Tariffs Take Center Stage

Finance ministers and central bank governors from the world's major economies are meeting in Asheville, North Carolina, this week as growing tensions over Iran, trade tariffs and the global economy pu...

© Germany Risks Missing Gas Storage Target as Winter Concerns Grow

Germany Risks Missing Gas Storage Target as Winter Concerns Grow

Germany is heading into the final months before winter with its gas storage facilities still well below the level seen at this time last year, raising concerns about higher energy costs and pressure o...

© Nvidia Q2 Revenue Jumps to $96.2 Billion as AI Demand Accelerates

Nvidia Q2 Revenue Jumps to $96.2 Billion as AI Demand Accelerates

Revenue for the quarter ended July 26, 2026, increased 18% from the previous quarter and 106% from a year earlier, highlighting the extraordinary pace of spending on AI computing infrastructure....

© Canada Hits About $20 Billion of U.S. Goods With Retaliatory Tariffs

Canada Hits About $20 Billion of U.S. Goods With Retaliatory Tariffs

Canada will impose new retaliatory tariffs on about US$20 billion worth of U.S. goods after trade negotiations between Ottawa and Washington broke down, marking a fresh escalation in the dispute betwe...

© Shein Targets $27 Billion Hong Kong IPO as Europe Becomes a Critical Test

Shein Targets $27 Billion Hong Kong IPO as Europe Becomes a Critical Test

Shein is preparing for one of the most closely watched retail listings of the year, but the fast-fashion company will enter the public market carrying a valuation far below the level it commanded duri...

© Oil Prices Fall as Markets Await Sweeping U.S. Sanctions on Iran

Oil Prices Fall as Markets Await Sweeping U.S. Sanctions on Iran

Global oil prices moved lower on Monday as investors locked in some recent gains and waited for details of a sweeping new U.S. sanctions package targeting Iran....

© Giorgia Meloni Says She Expected Relations With Trump to Be Easier

Giorgia Meloni Says She Expected Relations With Trump to Be Easier

Italian Prime Minister Giorgia Meloni has acknowledged that her relationship with U.S. President Donald Trump has proved more difficult than she initially expected, despite areas of political agreemen...

© Bitcoin Climbs Above $70,000 as ETF Inflows and Lower U.S. Yields Lift Crypto Market

Bitcoin Climbs Above $70,000 as ETF Inflows and Lower U.S. Yields Lift Crypto Market

Bitcoin moved back above $70,000, reaching its strongest level in more than two months as falling U.S. Treasury yields, renewed institutional demand and improving regulatory sentiment brought buyers b...

© SK Hynix Shares Jump Over 12% After $28.6 Billion Buyback Plan

SK Hynix Shares Jump Over 12% After $28.6 Billion Buyback Plan

Shares of SK Hynix surged more than 12% in Seoul on Thursday, August 20, after the South Korean chipmaker unveiled a major 40 trillion won ($28.6 billion) share buyback and cancellation programme....