President Trump has imposed global tariffs of 10% in response to a majority Supreme Court decision striking down his sweeping emergency tariffs.
“It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately,” Trump said on Truth Social.
The tariffs will take effect on Tuesday and will only last 150 days, unless they are extended by Congress.
The administration has indicated it is pursuing alternative ways to implement tariffs, Trump said at a briefing.
In a 6-3 ruling, the Supreme Court held the administration lacks authority under the International Emergency Economic Powers Act (IEEPA) to levy tariffs as he had.
President Trump called the ruling “deeply disappointing” and said he was “ashamed” of some of the judges.
“I’m ashamed of certain members of the court — absolutely ashamed for not having the courage to do what’s right for our country.”
President Trump said there are a number of other methods available to implement tariffs, such as Sections 122, 201, and 301 of the Trade Act of 1974 and Section 338 of the Tariff Act of 1930.
“The good news is that there are methods, practices, statutes, and authorities, as recognized by the entire court in this terrible decision, and also recognized by Congress, which they refer to, that are even stronger than the IEEPA tariffs available to me as president of the United States,” Trump said.
The Epoch Times explains, “Section 122 of the Trade Act of 1974 allows a president to impose tariffs of up to 15 percent — and potentially restrict import volumes — on countries running ‘large and serious’ trade surpluses with the United States.
“Using Section 301 of the same act would open a series of investigations into potential unfair trade practices — moves that could lead to additional tariffs.
“The law gives the president broad authority to respond to such practices, including through tariffs or sanctions. It also empowers U.S. Trade Representative Jamieson Greer to examine and act on foreign government policies the White House views as violating U.S. trade agreements.”
Treasury Secretary Scott Bessent reacted to the news of the Supreme Court’s decision by saying that revenue projections will not be affected by having to issue tariffs under new authority.
“Treasury’s estimates show that the use of Section 122 authority, combined with potentially enhanced Section 232 and Section 301 tariffs, will result in virtually unchanged tariff revenue in 2026,” Bessent said.
