Trump said his administration will determine the issue over the next few months and issue the new and legally permissible tariffs.
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US President Donald Trump on Saturday raised the worldwide tariffs to 15 per cent from the 10 per cent he had announced shortly after the Supreme Court struck down his reciprocal tariffs as unconstitutional.
“Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” he said in a post on X.
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He stated that his administration will further determine the issue over the next few months and issue the new and legally permissible tariffs.
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“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again – GREATER THAN EVER BEFORE!!!,” he added.
Earlier on Friday, the US Supreme Court delivered a massive setback to the Trump administration as it struck down the tariffs imposed by the US President on several countries, including India.
US Supreme Court ruling on Trump tariffs may cut duties on Indian goods to 10–13.5%
In its 6-3 verdict, the US Supreme Court held that the reciprocal tariffs imposed by US President Trump on several countries, including India, are unconstitutional.
The court further ruled that Trump exceeded his authority when he invoked the International Emergency Economic Powers Act (IEEPA) of 1977 to impose these tariffs.
Trump criticized the ruling and slammed the six judges, including the three appointed by the Republican presidents, who delivered the judgment.
He invoked Section 122 of the Trade Act of 1974 to announce 10 per cent tariffs on all countries. The rarely used section empowers the US President to impose up to 15 per cent tariffs for 150 days.
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