Trump Imposes 15% Global Tariff After Supreme Court Defeat
Donald Trump announced a 15% global import tariff using new legal authorities after the Supreme Court invalidated his previous trade powers in a 6-3 ruling.The president praised Brett Kavanaugh as a "hero" for a dissenting opinion that criticized the court's decision to block levies under the International Emergency Economic Powers Act.Domestic business groups are now demanding $133 billion in refunds while Friedrich Merz and Emmanuel Macron warn of international economic retaliation.These developments follow a pivot to the
Trade Act of 1974, which limits the new 15% tariff to a 150-day window without congressional approval.