Donald Trump:
Effective immediately, all national security tariffs imposed under Section 301 will remain in effect.
A 10% global tariff will be imposed on top of other existing tariffs.
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Just now:
Donald Trump commented on the Supreme Court's tariff ruling:
Deeply disappointed, ashamed of some Supreme Court members
The court has been influenced by foreign forces
Some judges "don't want to do the right thing"
I have even tougher measures.
Measures more powerful than IEEPA tariffs still exist.
The tariff issue will be addressed with other alternatives
We might get more funding
I have the authority to cut off all trade with any country.
I have the authority to impose an embargo
I can do whatever I want, but I can't collect money.
The court says I can issue licenses, but I can't charge license fees.
I will now adopt a tougher strategy
The Supreme Court has made my ability to impose tariffs even stronger; this decision has solidified my tariff authority.
This decision will increase national revenue. The Supreme Court did not overturn tariffs, only overturned one specific use of them.
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