Last mentioned: 1d ago
Effective Date
The global tariffs are scheduled to take effect at 12:01 a.m. ET.
Path Forward
Expected announcement of new executive orders designed to comply with the ruling while maintaining trade pressure.
Rate Hiked to 15%
Trump increases the rate to 15%, citing Section 122 of the 1974 Trade Act.
SCOTUS Ruling
The Court issues its decision limiting the President's tariff powers.
SCOTUS Ruling
The U.S. Supreme Court invalidates Trump's previous tariff initiative, citing executive overreach.
10% Tariff Announced
Trump announces a 10% global tariff as an immediate reaction to the court's decision.
Oral Arguments
SCOTUS hears arguments on the constitutionality of executive-led trade duties.
Tariff Expansion
Trump administration announces new 25% duties on a broad range of imported electronics.
President Donald Trump has abruptly increased his proposed global tariff rate from 10% to 15%, the maximum allowed under Section 122 of the 1974 Trade Act. The move follows a Supreme Court ruling that invalidated his previous tariff framework, setting the stage for a 150-day window of heightened trade volatility.
President Trump has labeled a recent Supreme Court decision limiting executive tariff authority as 'deeply disappointing,' signaling a major shift in the legal landscape for U.S. trade policy. The administration is now pivoting toward a 'path forward' that may include new legislative requests and alternative executive actions to maintain its protectionist agenda.