Trump announces new 10% global tariffs after Supreme Court ruling

In Brief

President Trump signed an order imposing 10% tariffs globally following a Supreme Court decision.

Key Facts

• President Trump signed an order imposing 10% tariffs on imports from all countries
• The order was signed hours after the Supreme Court struck down a previous set of global tariffs
• President Trump described the Supreme Court ruling as 'deeply disappointing' during a public statement
• The Supreme Court ruling invalidated most of the previous global tariffs, according to the Court's decision
• President Trump announced the new tariffs and criticized the Supreme Court ruling publicly

What Happened

After the Supreme Court invalidated most of his previous global tariffs, President Trump signed a new order imposing 10% tariffs on imports from all countries. He publicly expressed disappointment with the Court's decision and announced the new tariffs. The Supreme Court has not issued a public response to these statements.

Why It Matters

The new tariffs continue the administration's approach to trade policy following the Supreme Court's ruling. This legal and policy development involves interactions between the executive branch and the judiciary regarding trade authority. Further analysis would be needed to assess potential effects on trade and the economy.