Feb 21 โ€ข 06:31 UTC ๐Ÿ‡จ๐Ÿ‡ฟ Czechia Aktuรกlnฤ›.cz

The Supreme Court abolished Trump's tariffs, he immediately introduced new ones. They are set to take effect on Tuesday

President Donald Trump has signed documents imposing a new 10% tariff on imports from all countries after the U.S. Supreme Court struck down his previous broad tariffs.

U.S. President Donald Trump has announced a new 10% tariff on imports from all countries, following a decision by the Supreme Court that invalidated his previous tariffs imposed under a national emergency law. The announcement came shortly after the Supreme Court ruled that Trump had overstepped his authority when he applied broad tariffs under the International Emergency Economic Powers Act of 1977. Trump expressed his disappointment with the ruling and stated that the new tariff would be effective immediately, lasting for 150 days but excluding certain goods such as agricultural products, pharmaceuticals, automobiles, electronics, and raw materials.

The Supreme Court's decision marked a significant limitation on Trump's executive powers concerning trade regulations, emphasizing the boundaries within which he must operate as President. New tariffs are expected to further strain U.S. relations with trading partners, as global economic tensions rise. This move is likely to ignite debates on trade policy and the government's role in managing economic crises in the midst of ongoing domestic and international challenges.

As the new tariffs prepare to go into effect, businesses and sectors dependent on imports are likely to face increased costs, which could then trickle down to consumers. The expectation of additional tariffs raises questions about how this will impact inflation and economic recovery efforts, particularly in light of ongoing global supply chain issues. The administration's actions reflect a continued push towards protectionist policies, which could have long-lasting implications for the U.S. economy and international trade.

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