US Edition
Trump signs global 10% tariff, says it will take effect 'almost immediately'
- At the White House, President Donald Trump signed a 10% global tariff to replace IEEPA duties after the U.S. Supreme Court struck them down, saying it would start in about three days.
- The U.S. Supreme Court ruled in a 6-3 decision that the International Emergency Economic Powers Act did not authorize tariffs in peacetime, overturning lower courts that found businesses and a dozen U.S. states as plaintiffs.
- Administration officials said they will initiate Section 301 investigations and Section 232 probes, but these require formal steps that generally take months, potentially delaying tariff changes.
- Companies have filed suits seeking refunds for $133 billion collected, and Treasury data show collections exceed $175 billion; Trump said, `I guess it has to get litigated for the next two years.`
- Trump said `Potentially higher` and asserted `In order to protect our country, a president can actually charge more tariffs than I was charging in the past`.
381 Articles
381 Articles
Trump vows new 10% global tariff after Supreme Court curbs emergency levies
US President Donald Trump lashed out at the Supreme Court hours after it curtailed his ability to impose sweeping tariffs under emergency powers, and signaled he intends to press ahead with his trade strategy. “I’m ashamed of certain members of the court, absolutely ashamed,” he said at the White House.
Trump signs order for 10% global tariff, says it takes effect 'almost immediately'
US President Donald Trump on Friday announced a temporary 10% tariff on imports from all countries, moving swiftly to restore trade duties that were recently struck down by the Supreme Court. In a post on Truth Social, Trump said, “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.” The new tariff will remain in place for 150 days. Trump’s announcement…
Trump slaps new 10pc tariff after US Supreme Court strikes down sweeping trade duties
WASHINGTON, Feb 21 — President Donald Trump imposed yesterday an additional 10 per cent tariff on imports into the United States after the Supreme Court struck down many of his sweeping and often arbitrary duties, delivering a stinging rebuke to his signature economic policy.Trump signed the tariff order in the Oval Office—saying on social media it was “effective almost immediately”—after he spent the past year imposing various rates spontaneous…
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Trump imposes 10% global tariff after stinging court rebuke
President Donald Trump imposed Friday an additional 10 percent tariff on imports into the United States after the Supreme Court struck down many of his sweeping and often arbitrary duties, delivering a stinging rebuke on his signature economic policy.
Trump imposes 10% tariffs on all countries after Supreme Court struck down earlier tariffs
President Trump signed an order that will impose 10% tariffs on imports from all countries, just hours after the Supreme Court struck down a different set of sweeping global tariffs.
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