US President Donald Trump announced that he has signed a new 10 percent global tariff on imports from all countries, seeking to preserve his sweeping trade agenda after the Supreme Court struck down many of his earlier levies.
Trump said in a post on Truth Social that he had signed the order from the Oval Office.
“It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately," Trump wrote.
Read more:Will US Refund Billions Collected Under Tariffs After SC Ruling? Trump Responds
In a separate post, Trump sharply criticised the justices who ruled against his previous tariff authority.
“Those members of the Supreme Court who voted against our very acceptable and proper method of TARIFFS should be ashamed of themselves," he wrote, adding, “Their decision was ridiculous but, now the adjustment process begins, and we will do everything possible to take in even more money than we were taking in before!"
The announcement comes after the US Supreme Court, in a 6–3 decision, ruled that Trump had overstepped his authority by imposing tariffs under the International Emergency Economic Powers Act, significantly curtailing a central pillar of his trade policy.
Read more:‘Nothing Changes’: Trump On India Trade Deal After US Supreme Court Blocks His Tariffs
Trump said the administration would maintain many existing tariffs and impose the new global levy under a different statute, including Section 122 of US trade law. That provision allows broad tariffs for up to 150 days, though Congress would need to approve any extension.
The new tariff would allow Trump to temporarily reinstate some level of duties that the court struck down, with Trump saying the measure could take effect within days. However, unlike his earlier approach, the statute requires tariffs to be nondiscriminatory, meaning the administration cannot selectively exempt certain trading partners.
Source: World News in news18.com, World Latest News, World News
