Trump Announces 10% Global Tariff on Top of Existing Duties After Supreme Court Setback

Trump Announces 10% Global Tariff on Top of Existing Duties After Supreme Court Setback

President Donald Trump slammed the Supreme Court’s 6-3 decision that ruled he does not have the authority to levy sweeping tariffs under a specific emergency powers law, noting he will pursue “alternatives” to tariffs under emergency law.

The president also announced he is imposing a 10% “global tariff” following the court’s decision. “Today I will sign an order to impose a 10% global tariff under section 122 over and above our normal tariffs already being charged,” Trump said. “And we’re also initiating several section 301 and other investigations to protect our country from unfair trading practices of other countries and companies.”

This is a continuing story.  Updates will be provided as they are received.

Resource: Fox News

About Farrow:

A wholly owned subsidiary of Kuehne+Nagel Group, and headquartered in Windsor, Ontario Canada, Farrow brings to the global trade industry over 115 years of expertise in cross-border customs brokerage, trade consulting, and integrated logistics services. Further to its beginnings in customs brokerage, Farrow offers trade consulting — expert advice on import/export and trade management, duty recovery and regulations compliance. With a strong network of locations across North America, Farrow manages over 500 employees with 15 offices and warehouses, including those of acquired company Link+ Corporation.

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