Supreme Court Strikes Down Trump Tariffs as Unconstitutional

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Supreme Court Strikes Down Trump Tariffs as Unconstitutional

The Supreme Court issued a landmark ruling today, declaring that the majority of President Trump’s emergency tariffs were enacted without proper constitutional authority. This decision effectively dismantles a core pillar of the administration's aggressive economic agenda and trade policy.

In a swift and defiant response, President Trump immediately announced a new 15% tariff on all global imports to circumvent the court's restrictions. He argued that the executive branch maintains the inherent power to protect domestic industries through rapid economic measures.

The ruling creates significant legal uncertainty regarding the $134 billion in tariff revenue already collected by the federal government. Legal experts are now debating whether the administration is constitutionally required to return these funds to the affected businesses.

Treasury Secretary Scott Bessent faced intense questioning from reporters but declined to confirm if the government would issue any refunds. He stated that the Treasury Department is currently reviewing the judicial opinion to determine the next fiscal steps.

Small business owners across the country reported a sense of "whiplash" as they struggled to adapt to the sudden shift in trade barriers. Many entrepreneurs expressed frustration over the lack of stability in international commerce and the rising costs of imported materials.

Economists warned that the new 15% global tariff could trigger retaliatory measures from international trading partners, potentially sparking a wider trade war. They noted that the suddenness of the policy change leaves little room for corporations to adjust their supply chains.

Congressional leaders from both parties have called for immediate hearings to investigate the legality of the president's latest executive order. Some lawmakers suggested that the new tariff might face its own set of legal challenges in the coming weeks.

Despite the judicial setback, the White House remains committed to its "America First" strategy and insists that the new measures will bolster national security. The administration continues to maintain that trade policy is a matter of executive discretion rather than legislative oversight.

Market volatility increased following the announcement as investors weighed the implications of the Supreme Court's decision against the president's new trade barriers. Analysts predict that the ongoing legal battle will create a prolonged period of economic instability for global markets.