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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump says he'll enact a 10% global tariff by executive order
The Supreme Court struck down President Donald Trumps far-reaching global tariffs in a 6-3 decision on Friday, handing him a stinging loss on an issue crucial to his economic agenda.
Furious about the defeat, Trump said he will impose a global 10% tariff as an alternative while pressing his trade policies by other means. The new tariffs would come under a law that restricts them to 150 days.
He made that announcement after lashing out at the Supreme Court for striking down much of his sweeping tariff infrastructure as an illegal use of emergency power. Trump said he was absolutely ashamed of justices who voted to strike down his tariffs and called the ruling deeply disappointing.
Their decision is incorrect, he said. But it doesnt matter because we have very powerful alternatives.
https://apnews.com/live/supreme-court-tariff-ruling-updates
MyOwnPeace
(17,491 posts)he's found a DIFFERENT way to break the law.
And the CHICKENSHITS in CONGRESS will continue to allow him to strip them of their rights/power just so he won't say anything mean about them.........
B.See
(8,151 posts)Trump responds by DOUBLING DOWN ON STUPID.
riiiiight... "That'll show em."
He's YOUR 'chosen one' assholes. Go down in flames with him.
FalloutShelter
(14,350 posts)Do we even have a constitution anymore?
dalton99a
(93,149 posts)onenote
(46,089 posts)It is authorized by Section 122 of the 1974 Trade Act - 19 USC 2132. Even the plaintiffs that successfully challenged his IEEEPA tariffs suggested that Section 122 would have been an appropriate basis for the "Liberation Day" tariffs. These tariffs can only be in place for 150 days and can't be used to target specific countries.