Trump Imposes New 10% Global Tariff Following Supreme Court Loss

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Donald Trump signed an executive order to impose a 10% global tariff on February 24 after the Supreme Court invalidated his previous trade policy.The 6-3 judicial decision ruled that only Congress has the constitutional authority to levy taxes, requiring potential refunds to Apple and Toyota.In response, Donald Trump utilized Section 122 of the Trade Act of 1974 to establish new duties that will remain valid for 150 days.EU leaders, Keir Starmer, and Ursula von der Leyen are assessing the impact as a bilateral agreement faces a scheduled vote next week.
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#India#Brazil#Mexico#Canada#China#DonaldTrump#SupremeCourt#KeirStarmer#EU#UrsulaVonDerLeyen#Apple#Toyota
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