On Friday, the US Supreme Court ruled that President Trump had exceeded his authority by imposing 'reciprocal' tariffs on virtually all US trading partners. His new tariffs can only last 150 days, by law.

The US Supreme Court ruled that 'reciprocal' tariffs imposed by the American president were illegal.

President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” hours after the Supreme Court struck down his sweeping “reciprocal” import…