Close Menu
    Trending
    • Over a third of men have blamed a female colleague’s behavior on ‘hormones’
    • Europe Turns On Turkey As The War Cycle Expands
    • Lena Dunham Reveals Why Her Memoir Left Her ‘Sobbing’
    • Lebanon meets Israel in Washington to request truce extension
    • Top ministers quit after Peru’s president postpones F-16 fighter jet deal | Government News
    • Thunder’s Game 2 win over Suns overshadowed by key injury
    • Lululemon appoints a Nike veteran as its new CEO
    • Stanley Tucci Responds To Hathaway Calling Him A ‘Diva’
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Trending News»Trump vows 10% global tariff after stinging court rebuke
    Trending News

    Trump vows 10% global tariff after stinging court rebuke

    The Daily FuseBy The Daily FuseFebruary 20, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Trump vows 10% global tariff after stinging court rebuke
    Share
    Facebook Twitter LinkedIn Pinterest Email


    MAJOR SETBACK

    The ruling didn’t affect sector-specific duties Trump individually imposed on imports of metal, aluminum and numerous different items. A number of authorities probes which might result in extra sectoral tariffs stay within the works.

    Nonetheless, it marked Trump’s greatest defeat on the Supreme Courtroom since returning to the White Home final yr.

    Whereas Trump has lengthy relied on tariffs as a lever for diplomatic stress and negotiations, he made unprecedented use of emergency financial powers in his second time period to slap new duties on just about all US buying and selling companions.

    These included “reciprocal” tariffs over commerce practices that Washington deemed unfair, alongside separate units of duties focusing on main companions Mexico, Canada and China over illicit drug flows and immigration.

    The courtroom famous Friday that “had Congress meant to convey the distinct and extraordinary energy to impose tariffs” with IEEPA, “it will have carried out so expressly, because it persistently has in different tariff statutes.”

    The Supreme Courtroom’s three liberal justices joined three conservatives in Friday’s ruling, which upheld decrease courtroom choices that tariffs Trump imposed underneath IEEPA had been unlawful.

    Trump heaped reward on Brett Kavanaugh, the one justice he nominated who voted with him. Kavanaugh was joined in his dissent by fellow conservatives Clarence Thomas and Samuel Alito.

    Chief Justice John Roberts, in delivering his opinion, stated “IEEPA incorporates no reference to tariffs or duties.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Lebanon meets Israel in Washington to request truce extension

    April 23, 2026

    US intercepts three Iranian oil tankers in Asian waters, sources say

    April 23, 2026

    Commentary: Why the US military is stuck using US$1 million missiles against Iran’s US$20,000 drones

    April 22, 2026

    UK PM insists he won’t resign over scandal of US envoy’s appointment

    April 22, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    WATCH LIVE: President Trump Holds Press Conference With Japanese Prime Minister at 1:10 PM ET | The Gateway Pundit

    February 7, 2025

    Trump wants to dismantle FEMA—at the same time that experts are predicting a brutal hurricane season

    March 27, 2025

    How to Make Your Business Unshakable in Uncertain Times

    May 20, 2025

    Jerry Jones sends clear message to players about 18-game schedule

    April 1, 2026

    Commentary: Israel’s attack in Doha shows Gulf states can’t rise against Middle East chaos

    September 10, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.