After the US Supreme Court's blow – D. Trump's outbreak and new tariff decision
D. Trump announced the imposition of an additional 10% global tariff following a Supreme Court decision that enhanced his regulatory powers over trade.
In light of a recent US Supreme Court ruling, former President D. Trump has declared an increase of an additional 10% global tariff on trading partners. He stated that this decision, which follows the court’s rejection of certain alternatives he favored, could potentially lead to increased revenue for the US. The new tariff announcement emphasizes Trump’s commitment to asserting stronger control over trade regulations, suggesting that his powers have been clarified rather than diminished by the court's decision.
During a press conference, Trump expressed his belief that the Supreme Court's ruling had strengthened his authority to regulate trade and tariffs. This sentiment reflects his ongoing interpretation of executive power regarding economic policies, indicating that he views the ruling as favorable to his administration's previous trade actions. Trump’s immediate response included the cancellation of tariffs on India, linking this decision to a broader strategy involving the rejection of Russian oil imports.
The announcement was made amidst reactions from a breakfast meeting with governors, where Trump reportedly deemed the Supreme Court's decision as 'shameful.' According to those present, he had prepared a backup plan to address the ruling's implications, demonstrating his proactive approach to navigating the consequences of legal challenges to his trade policies. This situation underscores the ongoing influence of judicial decisions on executive actions in economic governance and potential repercussions for international trade relations.