Breaking News: Trump has raised global tariffs to 15% today.
On Friday local time, the U.S. Supreme Court ruled 6-3 to reject the president's authority to impose comprehensive tariffs under the International Emergency Economic Powers Act (IEEPA). In response, Trump cited another law and announced a 10% global tariff.
Comment: The Supreme Court just blocked one path, and Trump immediately switched to another legal provision, raising the tariff from 10% to 15%—the judicial system's checks and balances cannot stop his unilateral trade war. This is both an provocation against Congress and the judiciary, and it drags global trade into more chaotic confrontation.
Original article: toutiao.com/article/1857770857419787/
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