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📉 Big US Supreme Court ruling on Trump’s tariff policy
The US Supreme Court struck down large parts of President Donald Trump’s sweeping global tariffs, ruling that he exceeded his legal authority. This is seen as a significant legal setback for his economic agenda.
The decision was 6-3 and focused on tariffs he imposed under emergency powers, limiting his ability to unilaterally set broad trade barriers.
🔁 Trump reacts strongly
Trump criticized the Supreme Court decision as “deeply disappointing” and promised stronger measures to protect U.S. trade interests, saying he has “even stronger methods” available.
He expressed frustration with the court, calling some justices “a disgrace” and said he would push ahead with trade actions.
🔁 New tariff action
Despite the court ruling, Trump announced a new 10% global tariff on imports from most countries, signed shortly after the decision. This move signals he intends to continue his protectionist trade stance.
📈 Market reaction
The ruling has impacted financial markets: Wall Street indices traded higher after the tariff decision, as some investors welcomed the legal clarity.
🌍 Broader context
These developments are part of Trump’s second presidency, which began on January 20, 2025.
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