WASHINGTON – President Donald Trump announced he signed off on a 10% increase in temporary tariffs to replace the emergency tariffs that the Supreme Court overturned Feb. 20, which he called "deeply disappointing."
The White House said the new tariffs take effect Feb. 24. Trump's proclamation exempts a long list of products from the new levies, including beef, tomatoes, oranges, pharmaceuticals, passenger vehicles and certain critical minerals. It also excludes products governed by a trade deal with Canada and Mexico.
Trump vowed Feb. 20 to forge ahead and enact tariffs through other methods after the high court ruled the president doesn’t have the congressional authority to impose tariffs under the 1977 International Emergency Economic Powers Act. Trump had argued the law allowed him to impose any tariffs at any time.
“The Supreme Court’s ruling on tariffs is deeply disappointing,” Trump told reporters at the White House. “I’m ashamed of certain members of the court – absolutely ashamed – for not having the courage to do what’s right for our country.”
Trump tariffs ruling President slams Supreme Court setback
