Donald Trump, hours after threatening 'licenses fee’ to foreign nations, warned trading partners of much highertariffs, even worse than what they have recently agreed to if they try to "play games" after a ridiculous Supreme Court decision. In a statement, the US President said that he doesn't have to go back to Congress to get approval of tariffs as he has already gotten that in many forms, a long time ago.
Taking to Truth Social, Trump wrote, "Any country that wants to "play games" with the ridiculous supreme court decision, especially those that have "Ripped Off" the USA for years, and even decades, will be met with a much higher tariff, and worse, than that which they just recently agreed to. BUYER BEWARE!!! Thank you for your attention to this matter."
"As President, I do not have to go back to Congress to get approval of Tariffs. It has already been gotten, in many forms, a long time ago! They were also just reaffirmed by the ridiculous and poorly crafted supreme court decision," the US President said.
Trump's 'higher tariff' warning has come after President on Saturday announced that he would charge 15 per cent duty, up from 10 per cent announced a day earlier after the Supreme Court struck down many of the far-reaching taxes on imports he had imposed over the last year.
The court’s Friday decision struck down tariffs Trump had imposed on nearly every country using an emergency powers law. Trump now said he'll use a different, albeit more limited, legal authority.
He’s already signed an executive order enabling him to bypass Congress and impose a 10% tax on imports from around the world, starting Tuesday, the same day as his State of the Union speech. But those tariffs are limited to 150 days unless extended by legislation.
Trump’s announcement on social media Saturday was the latest sign that, despite the court’s rare check on his powers, the Republican president won’t let go of his favorite tool for rewriting the rules of global commerce and applying international pressure.
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