Trump Imposes 15% Global Tariff After Supreme Court Ruling Defeat

Donald Trump announced a new 15% global tariff under the Trade Act after the Supreme Court ruled his previous import levies were illegal.Chief Justice John Roberts stated that the president lacks the authority to impose duties, casting doubt on $133B in already collected taxes.Per Altenberg from the Swedish National Board of Trade noted that manufacturing employment has fallen and the trade deficit has grown since last year.The Swedish authority is now monitoring which goods are affected as the EU describes the legal and economic situation as "tariff chaos".