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`.
468 Articles
468 Articles
US tariff for Indian goods cut to 10%? White House clarifies new Trump order
Confusion surrounds US President Donald Trump's latest 'global' trade tariffs, as a White House official provides clarity on what will happen to countries that already have a trade agreement with the United States.
Trump adds 10% global tariff after U.S. Supreme Court decision, but CUSMA-compliment goods are exempt
A defiant Donald Trump said he will impose an additional 10% global tariffs on Friday after the U.S. Supreme Court’s decision to strike down many of the existing tariffs, including some levied against Canada.
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.
US President Donald Trump has had to take a defeat before the Supreme Court. Now comes a new customs.
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…
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