US President Donald Trump on Tuesday lamented the Supreme Court’s “unfortunate” decision to strike down most of the tariffs imposed by Washington, ruling that the White House had overstepped its bounds by invoking the International Emergency Economic Powers Act (IEEPA). However, he downplayed the ruling, claiming that most of the agreements reached after the tariff escalation would remain in place.
In his State of the Union address to both houses of Congress, the Republican president asserted that “almost every country and corporation wants to keep the agreement they already reached,” arguing that “they know the legal power” he has regarding a hypothetical new agreement “could be much worse for them.” “They will continue working along the same successful path we had negotiated before the unfortunate intervention of the Supreme Court,” he emphasized.
The White House occupant thus addressed the Supreme Court ruling last Friday that declared most of the tariffs imposed under the IEEPA illegal, a decision after which Trump invoked another law to announce a new 10% tariff on most imports to the United States, which he later announced he would raise to 15%.
