Trump tariffs struck down: What's his plan now?

"In a political setback for President Donald Trump, the US Supreme Court has struck down most of his tariffs put in place over the last 13 months, ruling that they are unconstitutional. Specifically, the court decided in a 6-3 vote that the president exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) of 1977 to implement many of his tariffs on US trading partners."

"The new tariffs would be implemented under Section 122 of the Trade Act of 1974, which allows the president to impose duties of up to 15% for up to 150 days on countries related to "large and serious" balance of payments issues. Unlike some of the other options at the president's disposal, this statute does not require investigations or impose other procedural limits. However, if they were to continue after 150 days, tariffs under Section 122 would need Congressional approval."

"In anticipation of the ruling, the US administration had made it clear it had been doing its homework for months and that it was prepared to quickly implement new tariffs under other laws that allow the president to impose them. In response to the court ruling on Friday, Trump said he would impose a 10% global tariff for 150 days to replace some of his sweeping duties that were struck down."

The US Supreme Court ruled in a 6-3 decision that President Trump exceeded his authority by using the International Emergency Economic Powers Act (IEEPA) of 1977 to implement many tariffs, striking down most of them as unconstitutional. The administration signaled readiness and said it had prepared alternatives, announcing a 10% global tariff for 150 days to replace some struck-down duties. The administration plans to use Section 122 of the Trade Act of 1974, which permits duties up to 15% for 150 days without investigations, though any extension beyond 150 days would require Congressional approval. Legal experts note other statutory options exist.

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