“The Supreme Court of the United States has accidentally and inadvertently given me, as President of the United States, far greater authority and power than I had before their absurd, stupid, and internationally divisive decision,” he wrote on his social media account, Truth Social.
Last Friday, the White House ordered a 10% tariff on goods from all countries worldwide. The new measure will take effect on February 25 and will remain in effect for 150 days.
A few hours earlier, the US Supreme Court ruled that the law under which Trump imposed the import tariffs did not grant him such authority; under the Constitution, only Congress has such authority.
Trump began tightening trade policy almost immediately after returning to the White House.
He first imposed tariffs on Canada and Mexico due to the flow of illegal immigrants into the United States, and then on China because Beijing allegedly failed to prevent fentanyl shipments to the United States.
In April, Trump imposed retaliatory tariffs on goods imported from more than 200 countries and territories. The base rate was 10 percent, but it was raised for several dozen countries with which the United States has large trade deficits, prompting them to negotiate with the American side.
Trump also increased tariffs on steel, aluminum, copper, and other goods.