Hours after the Supreme Court invalidated the majority of his previous global tariffs, President Donald Trump announced that he has signed an order to implement a new 15% tariff on imports from almost all countries outside the United States, reports Baltimore Chronicle via ABC. The decision comes after Trump expressed strong disapproval of the high court’s ruling, calling it “ridiculous, poorly written, and extraordinarily anti-American.” The president indicated that his administration will continue to evaluate legally permissible tariff measures over the coming months as part of its trade strategy.
Trump first signed a proclamation on Friday establishing a global 10% tariff following the Supreme Court’s ruling, which struck down much of his previous trade levies. In a social media post on Saturday, he stated that tariffs would rise to 15%, the maximum rate allowed under Section 122 of the Trade Act of 1974. The precise timing for the implementation of the 15% rate has not yet been confirmed, although the new tariffs on imports are set to begin Tuesday under the initial order.
Earlier, the president criticized the Supreme Court decision as “deeply disappointing” and outlined plans to use alternative legal authorities to enforce tariffs. “Other alternatives will now be used to replace the ones that the court incorrectly rejected,” Trump told reporters, adding that these measures could potentially generate additional revenue for the United States and strengthen the economy. However, tariffs under Section 122 can only remain in effect for 150 days without congressional approval. When questioned about this limitation, Trump stated that he could “do pretty much what we want to do” and did not indicate plans to seek further congressional action despite Republicans controlling both the House and Senate.
Neal Katyal, the lead attorney challenging Trump’s tariffs, responded on social media, questioning the president’s reliance on Section 122. “Seems hard for the President to rely on the 15 percent statute (sec 122) when his DOJ in our case told the Court the opposite: ‘Nor does [122] have any obvious application here, where the concerns the President identified in declaring an emergency arise from trade deficits, which are conceptually distinct from balance-of-payments deficits,'” Katyal wrote.
The newly announced tariffs mark a significant shift in U.S. trade policy following the Supreme Court’s intervention, potentially impacting global markets and international commerce. Businesses around the world are monitoring the developments closely, as the timing and scope of the tariffs remain partly undefined.
Earlier we wrote that Trump Issues 10-Day Ultimatum to Iran as US Deploys Aircraft Carriers to Middle East
