Supreme Court ruled on Friday that Trump’s sweeping global tariffs, ushered in under the International Emergency Economic Powers Act, were unlawfully imposed

On Friday, the U.S. Supreme Court ruled that Trump’s sweeping global tariffs, ushered in under the International Emergency Economic Powers Act, were unlawfully imposed. Trump had used the act to charge huge levies on countries, including 50% on India, which was later reduced, and 34% on China.

By Friday night, the president posted on Truth Social that he signed an executive order enabling him to bypass Congress and impose a 10% tax on imports from around the world. “It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately,” Trump wrote.

Less than 24 hours later, Trump said he was bumping up the tariffs to 15% “based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday.”

  • HazardousBanjo@lemmy.world
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    5 hours ago

    He is, for some stupid fucking reason, allowed to impose tarrifs for 150 days.

    Then it goes to congress to vote on whether to keep them, and they likely won’t.

    What a fucking asshole

    • CharlesDarwin@lemmy.world
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      58 minutes ago

      Where does the 150 days come from? FFS, we had nearly a full year before SCOTUS struck down the shit he started last year.