U.S. President Trump plans to sign a 10% new tariff and angrily criticizes the Supreme Court for overturning the "reciprocal tariff" ruling.
Trump stated on Friday local time that he will sign a new executive order imposing a uniform 10% tariff on global imported goods, attempting to continue his tough trade policy through other legal pathways.
After the Supreme Court in the United States overturned his large-scale "reciprocal tariffs" plan, President Trump announced on Friday local time that he would sign a new executive order imposing a uniform 10% tariff on global imported goods, attempting to continue his tough trade stance through other legal means.
Trump expressed extreme disappointment at the Supreme Court's ruling during a press conference at the White House, stating that the new tariffs will be implemented under Section 122 of the Trade Act of 1974, in addition to the existing tariffs that are still in effect. He was emotional during the press conference, openly criticizing the court ruling and accusing some justices of lacking the courage to do the right thing for America.
The Supreme Court ruled 6-3 on the same day, determining that the International Emergency Economic Powers Act (IEEPA) did not authorize the president to unilaterally impose tariffs, thereby rejecting the Trump administration's "reciprocal tariffs" and some tariff measures related to drug trafficking based on that law. This ruling shook a key legal foundation of Trump's trade policy.
Trump emphasized during the press conference that he will bypass Congress to continue pushing his tariff policy. "I don't need (Congress), I have the power to impose tariffs." His language shifted back and forth between toughness and anger, even criticizing the two justices he nominated, Gorsuch and Barrett, accusing them of supporting the majority opinion as a "terrible decision."
According to Trump, the proposed 10% "global tariff" will be implemented under Section 122 of the Trade Act of 1974. Under this law, the president can only impose tariffs on imported goods for a maximum of 150 days without approval from Congress, and must obtain authorization from Congress to continue or extend the measures. When asked about the time limit and congressional support, Trump responded, "We almost have the right to do anything we want."
At the same time, Trump emphasized that tariffs imposed under Sections 232 and 301 will "continue to be fully effective." He also stated that the government is using Section 301 to investigate various potential unfair trade practices, and may introduce further tariff measures in the future.
It is worth noting that last year, most of the United States' tariff revenue came from tariffs imposed under the IEEPA. In response to this, Trump stated that the government will use "alternative solutions" to make up for the tariff revenue that was rejected by the court, insisting that the United States "will generate more revenue and become stronger as a result."
Shortly after Trump's statement, Treasury Secretary Benson spoke at the Dallas Economic Club, stating that the government will utilize multiple existing trade laws to replace the rejected IEEPA tariffs. He expects that this move will have little impact on tariff revenue by 2026, and emphasized that "no one should expect tariff revenue to decrease."
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