New Delhi:Donald Trump on Friday suffered a major lossafter the United States Supreme Court struck down his reciprocal tariffs by a decision or majority of 6-3. The tariffs that were termed by the Republican President as the most important thing in the United States history were levied on almost every country with whom American was trading. The decision of the US Supreme Court is a big blow for Trump's economic policies whom he termed as the best thing to kick-start US economy and bring funding to the federal reserves by taxing nations who were selling their goods to the American consumers. Trump's tariffs ranged from 10 per cent and went up to to 50 per cent, on various nations with whom the United States was having a trade deficit.

Donald Trump, though so far has not made any official statement, but CNN quoted the US President terming the Supreme Court ruling as a disgrace. It further quoted the President saying that he has a back up plan for tariffs after the top court's ruling.

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.

The Constitution gives Congress the power to levy tariffs. But the Trump administration argued that a 1977 law allowing the president to regulate importation during emergencies also allows him to set tariffs. Other presidents have used the law dozens of times, often to impose sanctions, but Trump was the first president to invoke it for import taxes.

According to NBC, Donald Trump could reimpose tariffs using several other statutes (rules or laws). Even though the Supreme Court has struck down tariffs, there are several other laws or rules that Trump can use to reimpose tariffs.

These rules include: Section 338 of the Tariff Act of 1930, Section 232 of the Trade Expansion Act of 1962, Section 201 of the Trade Act of 1974, Section 301 of the Trade Act of 1974 and Section 122 of the Trade Act of 1974.

Giving out the verdict, one of the 9 SC judges, Justice Brett Kavanaugh who was part of the dissent minority, referred to Section 232 of the Trade Expansion Act of 1962, as one of the ways the president could get around today’s decision.

"With respect to tariffs in particular, the Court’s decision might not prevent Presidents from imposing most if not all of these same sorts of tariffs under other statutory authorities,” NBC quoted Kavanaugh, a conservative justice.

Meanwhile, US Congress may also move forward to reimpose Trump's tariffs. However, it is unlikely that the President will get Democrats support in the Senate or imposing tariffs against Canada.

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