Trump says he will raise global tariffs from 10% to 15% after Supreme Court setback
Following a Supreme Court ruling invalidating his emergency tariff powers, President Trump raised the global import tariff to 15%, the legal maximum for a 150-day period.
- Following the Supreme Court ruling, President Donald Trump imposed a 15% global tariff under Section 122, which can last 150 days unless Congress extends it.
- Citing the major questions doctrine, the U.S. Supreme Court ruled 6-3 that the IEEPA did not grant broad tariff authority, prompting legal shifts.
- Researchers projected the new tariffs would cost the average U.S. household between $600 and $800, with effective tariff rates shifting from 16% to 9.1% then 13.7%.
- With the 150-day temporary limit in place, the U.S. Supreme Court's ruling has increased legal and political tensions, creating urgency for Congress to act quickly.
- By citing Sections 232 and 301, the administration appears to plan longer-term restructuring, and Alan Wolff of the Peterson Institute for International Economics said no previous president used Section 122 for broad tariffs, calling it unusual.
772 Articles
772 Articles
What the Supreme Court’s tariff ruling really changed
As expected, the Supreme Court struck down the bulk of Donald Trump's sweeping “Liberation Day” tariffs as illegal … and almost nothing changed.Don't get me wrong, last Friday’s 6-3 decision that the International Emergency Economic Powers Act (IEEPA) doesn’t allow the president to impose tariffs at will was a significant defeat for the White House. Rebukes of a sitting president's signature policy are extraordinarily rare in American history. T…
The new global 15 percent tariff imposed by U.S. President Donald Trump came into effect this Tuesday as a Republican's temporary alternative after the Supreme Court invalidated much of its tax scheme. Trump made the announcement last Friday at a press conference in the White House, where he criticized the Supreme Court's "ridiculous" decision that invalidated the "reciprocal" tariffs and other measures taken under the International Emergency Po…
Trump invokes Section 122 tariff authority, sets import surcharge at maximum 15 percent
Hours after the Supreme Court gutted his emergency tariff regime, President Trump fired back with a new weapon pulled from a different shelf. On Friday evening, Trump issued a proclamation invoking Section 122 of the Trade Act of 1974, slapping a fifteen percent import surcharge on most goods entering the United States. The surcharge takes effect today, February 24. The move came after a 6–3 ruling in which Chief Justice John Roberts wrote for t…
Coverage Details
Bias Distribution
- 46% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
