Trump Signs New 10% Global Tariff Following Supreme Court Ruling
Donald Trump signed a new 10% global tariff executive order after the USA Supreme Court ruled his previous import taxes were illegal.John Roberts led the 6-3 decision, concluding that the authority to levy taxes rests solely with Congress.The federal government faces legal battles over the potential return of up to $175B in revenue to over 1,000 companies.Elizabeth Warren raised concerns about corporate refunds while
Donald Trump invoked the
Trade Act of 1974 to bypass the ruling.