Washington: Following a setback from the U.S. Supreme Court, former President Donald Trump has signed a new executive order imposing a 10% global tariff on all goods imported into the United States. The order came just hours after the Supreme Court declared Trump’s previous global tariffs illegal. The new tariffs are effective immediately and apply to imports from every country. Trump announced the move on his social media platform, Truth Social, writing: “I am proud to have signed the global 10% tariff from the Oval Office. It will take effect almost immediately.” The White House also shared a screenshot highlighting the implementation of the tariff. Supreme Court Ruling Sparks Strong Reaction Earlier, the U.S. Supreme Court, in a 6-3 decision, ruled that Trump had misused his pr...

Washington: Following the U.S. Supreme Court’s landmark ruling declaring Donald Trump’s global tariffs illegal, questions have arisen about the fate of tariffs imposed on India. Speaking to reporters at the White House, Trump clarified that the Supreme Court decision will not affect the ongoing trade arrangement between the U.S. and India. Trump stated, “This will not change anything. They [India] will impose tariffs, and we will not.” He emphasized that the previous arrangement with India remains intact, even as he announced a new 10% global tariff under a separate legal provision. Trump Criticizes Supreme Court Trump expressed strong dissatisfaction with the Court’s ruling, calling it disappointing and accusing some justices of lacking the courage to act in America’s national in...

Washington: Former U.S. President Donald Trump has reacted sharply to the Supreme Court’s decision invalidating his global tariffs, calling the ruling “deeply disappointing” and asserting that the tariffs were in the national interest. Speaking to reporters at the White House, Trump said the Court “did not understand” his agenda to make America great again and accused some justices of being influenced by foreign interests. Despite the setback, Trump announced that he has alternative legal avenues to reinstate tariffs. He declared plans to impose a new 10% global tariff, stating that those celebrating the Court’s decision “will not be happy for long.” New Executive Action Under 1974 Trade Act Trump clarified that the Supreme Court ruling did not cancel the previously imposed tariff...

Washington: Former U.S. President Donald Trump has expressed outrage over the Supreme Court’s decision to strike down his global tariffs, calling the ruling “insulting.” Trump has criticized the Court for overstepping its authority and indicated that he has a backup plan to bypass the decision. Trump had imposed the tariffs last year on several countries, framing them as necessary for the U.S. economy. The Supreme Court, in a historic 6-3 ruling, declared the tariffs illegal, noting that Trump misused powers granted under the 1977 International Emergency Economic Powers Act (IEEPA). The Court emphasized that the authority to impose such tariffs lies with Congress, not the President. No Official White House Response At the time of the Supreme Court ruling, Trump was reportedly atte...

Washington: The U.S. Supreme Court has dealt a major blow to former President Donald Trump by declaring the global tariffs he imposed as illegal. The Court ruled that Trump exceeded his authority and that the International Emergency Economic Powers Act (IEEPA) does not permit the president to unilaterally impose such tariffs. Trump had repeatedly defended the tariffs, claiming they generated significant revenue for the U.S. government. However, the Supreme Court has now invalidated these measures, raising questions about the fate of the billions collected under them. Notably, the Court did not clarify whether the revenue should be returned to the affected countries. $13.4 Billion Collected from Importers According to filings from the U.S. Customs and Border Protection submitted to...