Trump slaps 10% global tariff after Supreme Court blocks emergency trade powers

President Donald Trump announced Friday he will impose a new 10% global tariff under a different trade statute, hours after the Supreme Court struck down many of his prior tariffs as unconstitutional.

The high court ruled 6-3 that Trump exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad “reciprocal” and country-specific tariffs tied to trade deficits and fentanyl enforcement