Trump reacts to shocking Supreme Court ruling striking down emergency tariffs

Описание: President Donald Trump announced on Friday that he will immediately impose a 10% global tariff in response to the Supreme Court ruling that his emergency tariffs are illegal.

"Today I will sign an Order to impose a 10% GLOBAL TARIFF, under Section 122, over and above our normal TARIFFS already being charged, and we are also initiating several Section 301 and other Investigations to protect our Country from unfair Trading practices," the president said and shared on Truth Social.

The new tariffs can only be put in place for up to 150 days; continuation beyond that would require congressional action. Unlike the International Emergency Economic Powers Act (IEEPA), Section 122 has explicit congressional authorization to impose tariffs in specific economic conditions, though much narrower in scope and duration than his previous global tariffs.

Read more: https://cnycentral.com/news/nation-wo...

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