Summary
President Donald Trump announced a 15 percent tariff on countries worldwide after a Supreme Court ruling went against his tariff policy. The court decided that only Congress, not the president, can impose tariffs, affecting Trump's economic plans.
Key Facts
- President Trump announced a 15 percent tariff following a Supreme Court ruling.
- The Supreme Court ruled 6-3 against Trump's use of emergency powers for tariffs.
- Chief Justice John Roberts wrote that only Congress can impose tariffs.
- The ruling impacted Trump's tariffs on several countries, including China, Canada, and Mexico.
- Trump expressed disappointment with the court's decision and plans to use other methods to impose tariffs.
- Some officials and commentators support Trump’s tariff strategies despite the ruling.
- The decision affects billions of dollars in tariffs collected under Trump's plan.
