Feb 20 • 16:20 UTC 🇳🇴 Norway NRK

Trump says he has a backup plan on tariffs

President Donald Trump claims he has a backup plan in response to the Supreme Court's ruling against his tariffs.

President Donald Trump has publicly expressed his discontent with the U.S. Supreme Court's recent decision, deeming it a 'shame' that ruled his imposition of tariffs against several countries as illegal. This ruling has significant implications, potentially undermining Trump's trade policies and strategies that have characterized his administration. During a meeting at the White House, Trump announced that despite the setback, he has a backup plan ready to be implemented. Trump's comments suggest a continuing commitment to his aggressive trade stance, which has been a hallmark of his presidency, as he refuses to back down from his trade tariffs. The situation underlines the ongoing tensions between the executive branch and the judiciary regarding economic policy and trade regulations. The development raises questions about how Trump might adapt his approach in relation to international trade agreements and relations with targeted countries. Furthermore, this ruling could influence future legislative efforts concerning tariffs and trade laws at large. Overall, the unfolding events signal continued volatility in U.S. trade policies and potential repercussions for both domestic and global markets.

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