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BBC World Service - Newshour, Trump Imposes New 10% Tariff After Supreme Court Rejection
The administration uses an alternative legal pathway to impose a 10% global tariff for up to 150 days after the Supreme Court limited emergency tariff powers.
- On Friday, the White House announced a 10% global tariff using an alternative legal pathway, with duties up to 15% for 150 days, unless extended by Congress.
- The US Supreme Court ruled that IEEPA 'does not authorise the President to impose tariffs' after legal challenges from businesses and 12 US states, overturning the administration's emergency approach.
- Companies seeking refunds race as the ruling leaves billions unresolved, Penn-Wharton Budget Model estimates IEEPA tariff collections at more than $175 billion, and US and European stock markets rose Friday.
- Treasury Secretary Scott Bessent said the administration will invoke other authorities to retain tariffs, expecting years of legal fights as aides prepare for the State of the Union next week before midterm elections.
- Global supply chains face disruption as Trump’s swift use of emergency powers reshaped alliances, while allies including the UK, EU, Germany, and Canada reacted cautiously to the ruling.
29 Articles
29 Articles
What did the Supreme Court really decide? Not the rejection of duties, but the instrument through which Trump imposed them. And this leaves unsolved a series of questions. Starting from one, decisive for companies: what will change immediately?
BBC World Service - Newshour, Trump imposes new 10% tariff after Supreme Court rejection
US President Donald Trump has imposed a new 10% global tariff to replace ones struck down by the Supreme Court, calling the ruling "terrible" and lambasting the justices who rejected his trade policy as "fools". Also on the programme, French President Emmanuel Macron has appealed for calm ahead of a march in Lyon remembering a right-wing student activist who was killed by suspected left-wing extremists earlier this month; and, conservationists a…
The Supreme Court of the United States Canceled the Tariffs, Trump Introduced New Ones of 10 Percent
"We have alternatives - great alternatives, and we will be much stronger for it," said US President Trump, speaking from the White House.
Washington. Defiant, President Donald Trump announced yesterday a new general tariff of 10 percent up to 150 days after a U.S. Supreme Court ruling that he had exceeded his authority by imposing customs duties as if it were a national emergency.
Trump Imposes New 10% Tariff After Court Ruling
U.S. president Donald Trump on Friday imposed a new 10% tariff on imports into the United States, hours after the Supreme Court limited his use of a 1977 emergency law to levy sweeping duties. The new tariff, signed in the Oval Office and described by Trump as “effective almost immediately,” will take effect on February 24 and remain in place for 150 days, according to a White House factsheet. Exemptions apply to goods covered under the US-Mexic…
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