Trump signs order imposing 10% tariffs on all countries worldwide
U.S. President Donald Trump announced that he has signed an order introducing 10% tariffs on imports from all countries. “I have just signed in the Oval Office an order on global tariffs affecting all countries. It will take effect almost immediately,” he wrote on the social network Truth Social.
Earlier, the American president had warned that he would issue such a directive after the U.S. Supreme Court deemed many of the tariffs imposed by the White House unlawful.
Trump explained that he would use one of the provisions of the Trade Act of 1974 for this purpose. It allows the president to impose such tariffs, but only for 150 days. After that, approval from the U.S. Congress is required to keep the measures in place.
At the same time, The New York Times notes that coordination with Congress on this issue will likely be difficult: many lawmakers, ahead of the midterm elections scheduled for November, may not want to maintain tariffs that are unpopular with voters.
On Friday, the U.S. Supreme Court concluded that the International Emergency Economic Powers Act (IEEPA), adopted in 1977, does not grant the head of state the authority to impose such import tariffs.
