Trump to impose 10% global tariffs in response to Supreme Court decision

WASHINGTON - President Donald Trump shared he was "deeply" disappointed following the Supreme Court’s decision to strike down his sweeping tariffs on Friday.

Trump sprinkled in comments touting his accomplishments during his second term in the Oval Office, and once again speaking upon the unverified "cheating" claims that went on during the 2020 presidential election.

Trump to impose 10% global tariff 

In response to the Supreme Court’s opinion, the president announced on Friday he would be imposing a global 10% tariff and stated all national security tariffs "under section 232" of the Trade Expansion Act of 1962, would remain in effect. 

"Today I will sign an order to impose a 10% global tariff under section 122 over and above our normal tariffs already being charged. And we're also initiating several section 301 and other investigations to protect our country from unfair trading practices of other countries and companies. Thank you for your attention to this matter," Trump said.

Trump responds

What they're saying:

"I’m allowed to destroy the country but I’m not allowed to charge them a little fee," Trump said, adding he was "ashamed" of some members of the nation’s highest court. 

The president went on to claim there were other avenues for him to impose tariffs, citing Justice Brett Kavanaugh’s dissenting opinion,

"Although I firmly disagree with the court's holding today, the decision might not substantially constrain a president's ability to order tariffs going forward. That's because numerous other federal statutes, which is so true, authorized the president to impose tariffs and might justify most, if not all, of the tariffs issued in this case. Even more tariffs. Actually, those statutes include, think of that, those statutes include, for example, the Trade Expansion Act of 1962, section 232. All of these things I know so well, the Trade Act of 1974, sections 122, 201301, and the Tariff Act of 1930, section 338. All clear, but it's a little bit longer process. I thought I'd make things simple, but they didn't let us do that. I would like to thank Justice Kavanaugh for his, frankly, his genius and his great ability. Very proud of that appointment," Trump continued.

Trump called the majority decision "a disgrace" when he was notified during his morning meeting with several governors, according to someone with direct knowledge of the president’s reaction who spoke on the condition of anonymity to discuss the private conversation.

Trump was meeting privately with nearly two dozen governors from both parties when the decision was released.

SCOTUS strikes down Trump’s tariffs

The backstory:

The Supreme Court struck down Trump's far-reaching global tariffs on Friday, handing him a significant loss on an issue crucial to his economic agenda.

The 6-3 decision centers on tariffs imposed under an emergency powers law, including the sweeping "reciprocal" tariffs he levied on nearly every other country.

The majority found that it's unconstitutional for the president to unilaterally set and change tariffs because taxation power clearly belongs to Congress. "The Framers did not vest any part of the taxing power in the Executive Branch," Chief Justice John Roberts wrote.

The Treasury had collected more than $133 billion from the import taxes the president has imposed under the emergency powers law as of December, federal data shows. The impact over the next decade was estimated at some $3 trillion.

The tariffs decision doesn’t stop Trump from imposing duties under other laws. While those have more limitations on the speed and severity of Trump’s actions, top administration officials have said they expect to keep the tariff framework in place under other authorities.