Trump Slams Supreme Court Tariff Ruling as 'Disgrace,' Announces New 10% Global Tariff Under Section 122
United States President Donald Trump on Friday lashed out at the US Supreme Court after it ruled 6–3 that he exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing sweeping tariffs, calling the decision “a disgrace” and announcing plans to pursue alternative legal routes to expand import duties. File Photo of POTUS Trump; Via: The Kobeissi Times In two posts on his Truth Social account, Trump said the Court had wrongly concluded that he could not “charge even $1 DOLLAR to any Country under IEEPA,” while allowing him to “cut off any and all Trade or Business” and impose embargoes. He argued that the ruling effectively confirmed his authority to regulate trade and impose tariffs under other statutes, citing Justice Brett Kavanaugh’s dissent, which noted that “numerous other federal statutes authorize the President to impose tariffs and might justify most (if not all) of the tariffs issued in this case,” including Section 232 of the Trade Exp...