Trump's 10% tariff takes effect post-SCOTUS ruling
The court, last week, found that the IEEPA did not grant the president the power to impose tariffs, though it did not address his authority to do so under other statutes.
The Trump administration on Tuesday officially imposed a global 10% tariff after the Supreme Court struck down the tariffs President Donald Trump imposed under the International Emergency Economic Powers Act (IEEPA).
The 10% tariffs took effect on Tuesday, according to U.S. Customs and Border Protection. The sweeping tariffs include only limited exceptions.
The court, last week, found that the IEEPA did not grant the president the power to impose tariffs, though it did not address his authority to do so under other statutes. A defiant Trump subsequently vowed to impose sweeping global tariffs, citing different laws.
During a speech reacting to the court decision, Trump said he would invoke Section 122 of the 1974 Trade Act to reimpose a global tariff. He has since warned other nations not to take advantage of the disruption to strong arm the U.S. in trade negotiations.
"Any Country that wants to “play games” with the ridiculous supreme court decision, especially those that have 'Ripped Off' the U.S.A. for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to," he posted on Truth Social. "BUYER BEWARE!!! Thank you for your attention to this matter."
Ben Whedon is the Chief Political Correspondent at Just the News. Follow him on X.