US Supreme Court docket strikes down Trump’s sweeping tariffs

The Supreme Court docket struck down President Donald Trump’s far-reaching world tariffs on Friday, handing him a stinging loss that sparked a livid assault on the courtroom he helped form. The choice might have ripple results on economies across the globe after Trump’s strikes to remake post-World Warfare II buying and selling alliances by wielding tariffs as a weapon. However an unbowed Trump pledged to impose a brand new world 10% tariff underneath a legislation that is restricted to 150 days and has by no means been used to use tariffs earlier than.