SCOTUS Says No, Trump Says ‘Hell Yes’ & Doubles Down w 10% Global Tariff

1. Supreme Court Strikes Down Trump’s Tariffs Under IEEPA The Supreme Court ruled 6–3 that President Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA) exceeded legal authority. Justices Roberts, Gorsuch, and Barrett joined the liberal justices in the majority. The ruling states the President cannot impose monetary tariffs under IEEPA, though he can still cut off trade, impose embargoes, or restrict commerce. 2. Trump Responds by Announcing a New 10% Global Tariff Immediately after the ruling, Trump held a press briefing announcing: A 10% global tariff imposed under Section 122 of the Trade Act of 1974, not under IEEPA. Existing Section 232 (national security) and Section 301 (trade retaliation) tariffs remain unchanged. He argues these alternative authorities give him broad tariff powers, possibly stronger than IEEPA. 3. Trump Strongly Criticizes the Supreme Court Majority He expresses disappointment and anger toward the majority justices, accusing them of: Weakness Being swayed by political or foreign interests Acting against American economic interests He praises Justices Thomas, Alito, and Kavanaugh for their dissent. 4. Trump Claims the Ruling Gives Him Other Powerful Trade Tools Despite the setback, Trump asserts the ruling: Confirms his ability to ban, block, embargo, or license trade under IEEPA—just not charge tariff fees. Leaves intact several other statutes authorizing tariffs. He cites Kavanaugh’s dissent noting the President still retains broad tariff authority under other laws. Please Hit Subscribe to this podcast Right Now. Also Please Subscribe to the The Ben Ferguson Show Podcast and Verdict with Ted Cruz Wherever You get You're Podcasts. And don't forget to follow the show on Social Media so you never miss a moment! Thanks for Listening X: https://x.com/benfergusonshowSee omnystudio.com/listener for privacy information.