Trump vows 10% global tariff after Supreme Court curbs emergency tariffs
TL;DR Summary
After the Supreme Court ruled that Trump exceeded his authority in using emergency powers to impose tariffs, he pledged a 10% global tariff to be enacted under the Trade Act of 1974, as officials discuss alternative authorities and refunds remain uncertain, with markets reacting with muted moves.
- Trump tariffs live: Trump vows to impose 10% global tariff after Supreme Court rules sweeping duties are illegal Financial Times
- Colorado paid $767M in Trump tariffs before SCOTUS ruling Axios
- 'Everyone here is irate': White House scrambles after tariff loss as Trump unloads on Supreme Court NBC News
- The Supreme Court Got It Right on IEEPA—But Don’t Pop the Champagne Yet Cato Institute
- A defiant Trump vows new tariffs while fuming at Supreme Court CNN
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