Thursday, June 4, 2026

The Sun Nigeria

Trump defies Supreme Court, hikes global tariffs

Trump

By Goli Innocent

President Donald Trump has raised the global tariff rate from 10 to 15 per cent, barely 24 hours after the Supreme Court of the United States struck down his sweeping import duties as unlawful.

Announcing the move on Truth Social, Mr Trump said the new 15 per cent rate would take effect immediately, targeting countries he claimed had been “ripping” the United States off for decades.

He described the court’s ruling as “poorly written and extraordinarily anti-American.”

The Supreme Court, in a 6–3 decision, held that the president exceeded his authority under the International Emergency Economic Powers Act (IEEPA) by imposing broad tariffs without explicit congressional approval.

Undeterred, Mr Trump cited Section 122 of the Trade Act of 1974 as the legal basis for the increase.

The provision allows a temporary tariff of up to 15 per cent for 150 days to address trade imbalances, after which Congress must approve any extension.

The 79-year-old businessman framed the hike as a lawful and tested alternative following the court setback, signalling his administration’s continued hardline trade posture.

However, the decision is expected to escalate global trade tensions and could push up prices of imported goods, with international markets watching closely for retaliatory measures from affected countries.