Trump immediately hits back after rejecting import tariffs: “Imported duties will remain and an extra 10 percent worldwide”

President Donald Trump’s imported tariffs are for the trash. The US Supreme Court rules. Trump invoked the International Emergency Economic Powers Act (IEEPA) to introduce his tariffs, but according to the judges, that law does not give the president the authority to do so. According to the Supreme Court, it is up to the US Congress to impose such import duties.

“Very disappointing”

“I can do whatever I want,” Trump dismissed the Supreme Court’s decision. In a press conference, the American president makes it clear that he is not to be messed with. He dismisses the Supreme Court’s ruling in Trumpian fashion as “very disappointing.” According to Trump, the problem lies with “certain members of the court who do not have the courage to do what is right for the United States.”

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“They are deeply unpatriotic and disloyal to our Constitution,” Trump said of the Supreme Court. He claims that the court’s members, although the majority of them are conservatives like Trump, are “influenced by foreign interests and a political movement that is much smaller than one might think.”

Plan B

The fact that the introduced duties appear to be invalid is good news for international traders. But Trump immediately quashes that good hope. “The countries that us (the Americans, ed.) been lighting up for years, now dancing in the streets. But they won’t dance for long.” Donald Trump has a plan B, he announces. Because the Supreme Court has “wrongly” rejected his tariffs, he will resort to alternative methods to impose tariffs. “Now I’m going to take a different direction, probably the direction I should have taken the first time,” warns the American.

And he makes no bones about it. The White House plans to replace the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) with new tariffs. The US president says the Supreme Court’s ruling means “there is no longer any doubt about the tariffs.” “We will bring in hundreds of billions of dollars,” Trump claims.

10 percent extra

The President announces a 10 percent global tariff, effective immediately, on top of existing rates. “I will sign a decision today,” he says. All existing tariffs, although declared illegal by the Supreme Court, would remain in force, according to the president. The new charges could remain in effect for up to 150 days unless Congress approves an extension. Although Trump also made it clear that he “does not have to ask Congress for permission.”

In any case, the disagreement between Trump and the Supreme Court will not immediately end. There promises to be a long legal battle ahead, the president said. There was “no discussion” about the refund of the previously introduced levies to the affected traders. “I think it will have to be brought to trial in the next few years,” Trump said. “How crazy is that?”

By Editor