Trump's Tariff Tactics and Supreme Court Clash
President Trump criticized the U.S. Supreme Court for ruling against his tariff program. He plans to employ other tariff powers, including raising a temporary tariff, and explore license fees. The ruling impacts Trump's trade deals, prompting reactions from China, the EU, and India. The court asserted its power to check presidential authority.
In a renewed attack on the U.S. Supreme Court, President Donald Trump criticized the recent ruling against his extensive tariff program, revealing intentions to explore alternative tariff powers and licenses, though details were sparse.
Trump intends to raise the temporary tariff from 10% to 15% on U.S. imports from all countries, following the court's decision that he exceeded presidential authority under an economic emergency law. He also questioned why the U.S. can't charge license fees, asserting that all licenses typically require fees.
The court's ruling affects Trump's past year of trade deals, with China urging a tariff rollback, the EU threatening to freeze agreements, and India delaying talks. Trump's social media posts insulted the justices, including two appointed during his first term. The Supreme Court's decision, authored by Chief Justice John Roberts, emphasized its role in limiting presidential power.
ALSO READ
-
UPDATE 1-Trump warns of higher tariffs for countries that 'play games' after court ruling
-
Judge blocks release of special counsel Smith's report on Trump classified documents case
-
Supreme Court Declines NRA's Lawsuit Against Former NY Official
-
Supreme Court to Hear ExxonMobil, Suncor Appeal in Boulder Climate Case
-
Justice Department Fights Gag Order in Trump Document Case