Source link : https://tech365.info/trump-fights-again-replaces-struck-down-reciprocal-tariffs-with-10-international-import-tax/
Hours after the Supreme Court docket struck down broad “reciprocal” tariffs as illegal, President Donald Trump lashed out at justices, and mentioned he’ll impose a ten% international tariff below a distinct commerce regulation with extra restrictions and a timetable.President Trump introduces a worldwide import tax. Picture credit score: Chip Somodevilla/Getty ImagesThe announcement follows a 6-3 ruling that the sooner tariffs, imposed below the Worldwide Emergency Financial Powers Act, exceeded presidential authority and required congressional approval. The now-invalidated tariffs have price Apple about $2 billion.Part 122 gives a narrower authorized pathway, nevertheless it would not soften the financial influence. The statute permits non permanent tariffs of as much as 15% complete for 150 days except Congress votes to increase them. Proceed Studying on AppleInsider | Talk about on our Boards
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Author : tech365
Publish date : 2026-02-20 23:45:00
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