President Donald Trump said Saturday that he wants a global tariff of 15%, up from 10% he had announced a day earlier after the U.S. Supreme Court struck down many of the far-reaching taxes on imports that he had imposed over the last year. Trump's announcement on social media was the latest sign that despite the court's check on his powers, the Republican
President Donald Trump raised the global duty on imports into the United States to 15 percent on Saturday, doubling down on his promise to maintain his aggressive tariff policy a day after the Supreme Court ruled much of it illegal. Trump said on his Truth Social platform that after a thorough review of Friday's "extraordinarily anti-American decision"
President Donald Trump vowed Friday to impose a 10 percent tariff on all imports into the United States after the Supreme Court handed him a stinging rebuke by striking down his signature economic policy. The conservative-majority top court ruled six-three that a 1977 law known as the International Emergency Economic Powers Act (IEEPA) Trump has relied
The US Supreme Court ruled Friday that Donald Trump exceeded his authority in imposing a swath of tariffs that upended global trade, blocking a key tool the president has wielded to impose his economic agenda. The conservative-majority high court ruled six-three in the judgment, saying the International Emergency Economic Powers Act "does not authorize
The US Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda. The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping "reciprocal" tariffs he levied on nearly every other country. It's the first major