Trump Slaps 10% Global Tariff Amid Supreme Court Setback

President Donald Trump is back in the headlines, and this time, he’s not mincing words! Following a recent Supreme Court ruling that knocked down his ambitious Liberation Day tariffs, Trump has announced that he’s signing a bold order to impose a 10% global tariff. It seems he believes that even a setback like this can’t keep him from trying to shake up the trade world. According to Trump, the Supreme Court’s decision is a “terrible decision,” and he’s not shy about expressing his disappointment with certain justices.

Trump’s announcement came hastily after the Supreme Court ruled that while they did not entirely dismiss the idea of tariffs, they did invalidate the specific approach he took—using the EPA as a mechanism to impose those tariffs back in April. The former president insists the ruling isn’t the end of the road. In fact, he claims it doesn’t overturn tariffs altogether; it just changes the way they’re implemented. Trump likes to think of himself as having a few more tricks up his sleeve, stating that “we have very powerful alternatives” to keep his economic agenda alive and kicking.

But who can blame him for feeling let down? Trump expressed feelings of “shame” for some members of the court, suggesting they lacked the courage to do what he believes is right for the country. He even tossed around the idea that foreign interests were somehow influencing the justices, making him feel as if they were failing the American public. He’s had a few justices of his own, including Neil Gorsuch and Amy Coney Barrett, who joined the liberal-leaning justices to strike down his tariffs in a 6-3 decision. Ouch!

The Supreme Court’s decision was grounded in a legal framework that allows a president to address massive balance-of-payment deficits with import charges of up to 15%. But don’t worry too much—these tariffs will only last 150 days unless Congress gives the thumbs-up. Of course, Trump hinted that he could always find a way to reinstate them if necessary, considering his knack for navigating political waters.

When pressed about whether he would seek Congress’s approval for his tariff policies, Trump waved the notion away, declaring that he already has the approval he needs. He even suggested he’d probably get Congressional support if he asked. With plans to open several investigations under Section 301 of the Trade Act, the news cycle continues, and it seems Trump is determined to protect American interests from what he describes as “unfair trading practices” by other countries.

In a world where international trade can feel as unpredictable as a roller coaster ride, one thing’s for sure: Trump isn’t ready to step back from the trade game just yet. He believes in America’s capacity to stand strong, and he’s willing to do what it takes to fight for it—global tariffs and all! For those eager to keep up with this unfolding story, further details await at the link in the description.

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Keith Jacobs

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