Following a pivotal ruling by the U.S. Supreme Court on tariffs, President Trump has launched a tirade against certain countries. On Monday, he proclaimed that any nation attempting to 'play games' with the tariffs post-Supreme Court verdict would be met with even higher tariffs. Speaking via his Truth Social platform, the President made it clear that such countries would encounter a stringent tariff policy.
Source: aajtak
On Friday, America's Supreme Court delivered a historic decision declaring the tariffs imposed by Trump illegal. The court highlighted that the tariffs applied under the National Emergency law last year were unlawful. This ruling has thrown previously signed or pending trade deals between the U.S. and other countries into a state of uncertainty.
In light of this delicate situation, Trump's post has emerged as a pivotal statement.
President Trump warned,
"If any country tries to exploit this ruling and 'play games', especially those that have exploited the U.S. for years, they will face even higher tariffs than before. More alarmingly, tariffs surpassing those agreed in trade deals would be enforced."
Further, President Trump urged buyers to exercise caution. The Supreme Court's invalidation of Trump's tariffs is deemed a significant setback to his aggressive economic and foreign policy, as it has potentially weakened his policy structure.
However, Trump's post does not specify the targeted countries or elaborate on the 'games' being referenced.
Post-ruling, Trump is exploring various measures to impose tariffs on countries trading with the U.S.
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Trump has announced plans for a new tariff schedule on imports: initially 10%, then raising to 15%. These measures could last 150 days as his administration works on more enduring actions.
Trump harshly criticized the Supreme Court, claiming their "foolish limitations" on his trade tariffs have ironically empowered him further.
In a detailed post on his Truth Social platform, Trump stated that the U.S. Supreme Court unintentionally granted him unprecedented power and authority as the nation's President through their "absurd and foolishly divisive" ruling, enabling him to take severe actions against foreign entities.
Demand for Refunds
Reacting to the Supreme Court's verdict, Democrats like Governor JB Pritzker have sent Trump an invoice demanding around $9 billion in tariff refunds for Illinois families.
Pritzker has also urged the White House to "issue checks."
California Governor Gavin Newsom argued that revenue generated from Trump's tariffs came from U.S. voters and should be returned.
He stated, "Donald, it's time to pay the bill. These tariffs were nothing more than an unlawful financial burden, escalating costs and harming working families, to unravel and extort from long-standing alliances."
Notably, both Pritzker and Newsom are seen as potential Democratic candidates for the 2028 Presidential election.
