U.S. President Donald Trump responded with fury to Friday’s Supreme Court ruling that he lacked the power to unilaterally set tariffs on imports, denouncing individual justices as he vowed to continue a global trade war that has kept the world on edge for a year. Saying he was undeterred by what he repeatedly called a ridiculous ruling, Trump announced an immediate new 10% tariff on imports from all countries, on top of any existing tariffs, and then issued a proclamation putting them into effect. The law allows him to impose a levy of up to 15% for 150 days, although it could face legal challenges.
The court’s landmark 6-3 ruling upended the leverage Trump and his trade envoys have wielded over foreign governments at negotiating tables to reshape diplomatic relations and global markets. The ruling briefly sent U.S. stock indexes surging, before ending modestly higher as analysts warned of renewed confusion in global markets while they await Trump’s next moves. Hours after the ruling, Trump signed an executive order repealing the tariffs that the court struck down, and he also issued a proclamation imposing a 10% duty on most goods imported into the U.S. for 150 days, granting exemptions for certain items, including critical minerals, metals and energy products, the White House said.
