% global tariff

After Supreme Court defeat, Trump says he’ll increase new tariff to 15% from 10%

President Trump said Saturday that he was raising the global tariff he wants to impose to 15%, up from 10% he had announced a day earlier after the Supreme Court declared most of his tariffs to be illegal.

Trump said in a social media post that he was making the decision “Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday.”

After the court ruled he didn’t have the emergency power to impose many sweeping tariffs, Trump signed an executive order Friday night that would allow him to bypass Congress and impose a 10% tax on imports from around the world. The catch is that those tariffs would be limited to 150 days unless Congress agrees to extend them.

Trump’s post, significantly ratcheting up a global tax on imports to the U.S. yet again, was the latest sign that despite the court’s check, the Republican president was intent on continuing to wield in an unpredictable manner his favorite tool for the economy and to apply global pressure. Trump’s shifting announcements over the last year that he was raising and sometimes lowering import taxes with little notice jolted markets and rattled nations.

Saturday’s announcement seemed to be a sign that Trump intends to use the temporary global tariffs to continue that pattern.

“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again,” Trump wrote in his post.

Under the order Trump signed Friday night, the 10% tariff was scheduled to take effect starting Feb. 24. The White House did not immediately respond to a message inquiring when the president would sign an updated order.

In addition to the temporary tariffs that Trump wants to set at 15%, the president said Friday that he was also pursuing tariffs through other sections of federal law that require investigation by the Commerce Department.

Trump leveled pointed personal attacks on the Supreme Court justices who ruled against him in a 6-3 vote, two of whom he appointed during his first term, Justices Neil M. Gorsuch and Amy Coney Barrett. Trump, at a news conference Friday, said of the court majority: “I think it’s an embarrassment to their families.”

He was still seething Friday night, complaining on social media about Gorsuch, Barrett and Chief Justice John G. Roberts Jr., who wrote the majority opinion.

On Saturday morning, Trump issued another post declaring that his “new hero” was Justice Brett M. Kavanaugh, whom he also appointed and who wrote a 63-page dissent. He also praised Justices Clarence Thomas and Samuel A. Alito Jr., who joined Kavanaugh in the minority.

The president said of the three dissenting justices: “There is no doubt in anyone’s mind that they want to, MAKE AMERICA GREAT AGAIN!”

Price writes for the Associated Press.

Source link

Trump lashes out at justices, announces new 10% global tariff

President Trump on Friday lashed out at Supreme Court justices who struck down his tariffs agenda, calling them “fools” who made a “terrible, defective decision” that he plans to circumvent by imposing new levies in a different way.

In a defiant appearance at the White House, Trump told reporters that his administration will impose new tariffs by using alternative legal means. He cast the ruling as a technical, not permanent setback, for his trade policy, insisting that the “end result is going to get us more money.”

The president said he would instead impose an across-the-board 10% tariff on imports on global trade partners through an executive order.

The sharp response underscores how central tariffs have been to Trump’s economic and political identity. He portrayed the ruling as another example of institutional resistance to his “America First” agenda and pledged to continue fighting to hold on to his trade authority despite the ruling from the nation’s highest court.

Trump, however, said the ruling was “deeply disappointing” and called the justices who voted against his policy — including Justices Neil M. Gorsuch and Amy Coney Barrett, whom he nominated to the court — “fools” and “lap dogs.”

“I am ashamed of certain members of the court,” Trump told reporters. “Absolutely ashamed for not having the courage to do what’s right for our country.”

For years, Trump has insisted his tariffs policy is making the United States wealthier and giving his administration leverage to force better trade deals, even though the economic burden has often fallen on U.S. companies and consumers. On the campaign trail, he has turned to them again and again, casting sweeping levies as the economic engine for his administration’s second-term agenda.

Now, in the heat of an election year, the court’s decision scrambles that message.

The ruling from the nation’s highest court is a rude awakening for Trump at a time when his trade policies have already caused fractures among some Republicans and public polling shows a majority of Americans are increasingly concerned with the state of the economy.

Ahead of the November elections, Republicans have urged Trump to stay focused on an economic message to help them keep control of Congress. The president tried to do that on Thursday, telling a crowd in northwest Georgia that “without tariffs, this country would be in so much trouble.”

As Trump attacked the court, Democrats across the country celebrated the ruling — with some arguing there should be a mechanism in place to allow Americans to recoup money lost by the president’s trade policy.

“No Supreme Court decision can undo the massive damage that Trump’s chaotic tariffs have caused,” Sen. Elizabeth Warren (D-Mass.) wrote in a post on X. “The American people paid for these tariffs and the American people should get their money back.”

California Gov. Gavin Newsom called Trump’s tariffs an “illegal cash grab that drove up prices, hurt working families and wrecked longstanding global alliances.”

“Every dollar your administration unlawfully took needs to be immediately refunded — with interest,” Newsom, who is eyeing a 2028 presidential bid, wrote in a post on X addressed to Trump.

The president’s signature economic policy has long languished in the polls, and by a wide margin. Six in 10 Americans surveyed in a Pew Research poll this month said they do not support the tariff increases. Of that group, about 40% strongly disapproved. Just 37% surveyed said they supported the measures — 13% of whom expressed strong approval.

A majority of voters have opposed the policy since April, when Trump unveiled the far-reaching trade agenda, according to Pew.

The court decision lands as more than a policy setback to Trump’ s economic agenda.

It is also a rebuke of the governing style embraced by the president that has often treated Congress less as a partner and more as a body that can be bypassed by executive authority.

Trump has long tested the bounds of his executive authority, particularly on foreign policies, where he has heavily leaned on emergency and national security powers to impose tariffs and acts of war without congressional approval. In the court ruling, even some of his allies drew a bright line through that approach.

Gorsuch sided with the court’s liberals in striking down the tariffs policy. He wrote that while “it can be tempting to bypass Congress when some pressing problems arise,” the legislative branch should be taken into account with major policies, particularly those involving taxes and tariffs.

“In all, the legislative process helps ensure each of us has a stake in the laws that govern us and in the Nation’s future,” Gorsuch wrote. “For some today, the weight of those virtues is apparent. For others, it may not seem so obvious.”

He added: “But if history is any guide, the tables will turn and the day will come when those disappointed by today’s result will appreciate the legislative process for the bulwark of liberty it is.”

Trump said the court ruling prompted him to use his trade powers in different ways.

In December, Treasury Secretary Scott Bessent asserted has the administration can replicate the tariff structure, or a similar structure, through alternative legal methods in the 1974 Trade Act and 1962 Trade Expansion Act.

“Now the court has given me the unquestioned right to ban all sort of things from coming into our country, to destroy foreign countries,” Trump said, as he lamented the court constraining his ability to “charge a fee.”

“How crazy is that?” Trump said.

Source link