Trump Imposes Latest Tariffs After Supreme Court Ruling

President Donald Trump announced Saturday he will raise a temporary tariff to 15% on U.S. Imports from all countries, the maximum level permitted under the law, following the Supreme Court’s decision to strike down his previous tariff program. The Associated Press reported the announcement came after a 10% across-the-board tariff was initially declared on Friday in response to the court’s ruling.

Supreme Court Decision

The Supreme Court ruled that the president had exceeded his authority when imposing higher tariffs under an economic emergency law. CNBC noted the 6-3 decision was a significant rebuke of Trump’s key economic policy.

Section 122 Tariffs

The new levies are based on Section 122, a separate and previously untested law allowing tariffs up to 15% but requiring congressional approval for extension beyond 150 days. No U.S. President has previously invoked Section 122, and its use is expected to face further legal challenges. The New York Times highlighted the uncertainty this creates for global trade.

Congressional Approval and Future Tariffs

Trump stated he would use the 150-day period to pursue other “legally permissible” tariffs. His administration intends to rely on two other statutes that permit import taxes on specific products or countries based on national security or unfair trade practice investigations. USA TODAY reported Trump’s comments on social media, where he accused countries of “ripping” off the U.S. For decades.

Exemptions and Potential Impacts

The Section 122 tariffs include exemptions for certain products, including critical minerals, metals, and energy products, according to the White House. Trade experts suggest that the Republican-majority Congress is unlikely to extend the tariffs, given polling data indicating growing public blame for higher prices. The ruling could benefit countries like Brazil, potentially lowering their tariff rates from 40% to 15%, at least temporarily. Countries like Malaysia and Cambodia, with previously negotiated rates of 19%, will continue to be taxed at those levels.

Trump’s Reaction and Economic Approval

Trump expressed strong disapproval of the Supreme Court justices, calling the decision “deeply disappointing” and stating he was “absolutely ashamed” of certain members of the court. The AP reported his personal attacks on the justices. His approval rating on handling the economy has been declining, with a recent Reuters/Ipsos poll showing 34% approval and 57% disapproval.