US EditionTrump vows to use tariffs in ‘more powerful and obnoxious’ way after Supreme Court ruling
President Trump called the Supreme Court ruling limiting emergency tariff powers 'ridiculous' and announced new 15% global tariffs using alternative statutory authorities.
- Following the Friday decision, the White House announced new tariffs rising from 10 to 15 percent to take effect on Tuesday, after the Supreme Court struck down broad tariffs in a 6-3 ruling.
- The U.S. Supreme Court found IEEPA did not authorize broad tariffs, and the administration has invoked Section 122 of the 1974 Trade Act as an alternative. The court emphasized congressional authorization is required.
- Reacting early Monday, President Donald Trump claimed on Truth Social that the court 'accidentally and unwittingly' granted him 'far more powers and strength' and said he can use licenses to do 'terrible' things to foreign countries, though he clarified the ruling doesn't allow it.
- Internationally, the European Parliament groups paused work to ratify a US-EU trade deal after new 15% tariffs, while UK officials said engagement continues but warned nothing is off the table.
- Markets reacted as the FTSE 250 fell 17.4pc amid tariff uncertainties and a Bank of England policymaker warned that the US tariff shock could take years to impact the economy.
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Trump renews condemnation of US Supreme Court, threatens 'more powerful, obnoxious' tariffs
"Court has approved all other Tariffs, and they can all be used in a much more powerful and obnoxious way, with legal certainty, than the Tariffs as initially used," Trump said.
President Donald Trump reiterated the attacks to the U.S. Supreme Court months after the judges decided last week against his radical tariff programme. The head of the White House promised to resort to other powers and tariffs, without giving details.
Some countries will improve significantly, others will lose. After the US Supreme Court declared the US flat tariffs illegal on Friday, President Donald Trump reacted immediately. Using another law, he imposed a 10 percent tariff on all. And on Saturday he increased it to 15 percent. The collection of the current tariffs, which the court declared illegal, will end on Tuesday, but the new ones will begin to be collected on the same day.
The Latest: Trump says he'll raise tariffs to 15% after Supreme Court ruling
President Donald Trump says he wants a global tariff of 15%, up from 10% he'd announced earlier after the U.S. Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year.
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