Trump Implements New Tariffs After Supreme Court Rejection

Donald Trump implemented a 10% global tariff under the Trade Act of 1974 after the Supreme Court invalidated his previous policy.The new levies took effect hours before the State of the Union address while the EU and India halted trade negotiations.Christine Lagarde called for clarity after the White House indicated the tariff rate could eventually rise to 15%.Business leaders and JB Pritzker demanded that the USA refund $175 billion in duties collected under the prior measures.