Summary
President Donald Trump expressed his disappointment after the U.S. Supreme Court overturned global tariffs he implemented last year. The court ruled that President Trump overstepped his authority by using a law meant for national emergencies. In response, Trump announced plans to impose a new 10% tariff using a different legal option.
Key Facts
- President Donald Trump reacted to the U.S. Supreme Court's decision to strike down global tariffs he had imposed.
- The Supreme Court said President Trump exceeded his authority by using a law for national emergencies to implement the tariffs.
- The tariffs were supposed to affect global trade and had been in place since last year.
- In response to the court's decision, President Trump plans to use section 122 of the 1974 Trade Act.
- Trump announced he will issue an executive order to impose a new 10% global tariff under this section.
