Trump Defends Tariffs as Essential, Criticizes Supreme Court Ruling

@UlysMedia
Former President Donald Trump has sharply criticized a recent U.S. Supreme Court decision that declared a portion of his administration's tariffs illegal, labeling the ruling "unfortunate." He argued that "almost all" countries and major corporations have a vested interest in maintaining the existing trade agreements he negotiated, fearing new terms could be significantly less advantageous for them.
Trump characterized his tariff policies as measures that "saved the country" and "preserved peace," asserting they will continue under alternative legal frameworks that have already been approved and validated. He further claimed this new system could prove even more effective than the previous one and would not require Congressional approval.
"No Congressional action will be needed. This system is already time-tested and approved, and I am confident that over time, tariffs paid by foreign countries will, as before, largely replace the modern income tax system, lifting a tremendous financial burden from the people I love," Trump stated.
The criticism follows an announcement by U.S. Customs and Border Protection that it would cease collecting certain import duties imposed by Trump starting February 24th, in compliance with the Supreme Court's ruling. In response to that decision on the same day, Trump announced a new "global" tariff of 15%, set to take effect on February 24th for a period of 150 days. This new levy is being instituted under a different legal authority—Section 122 of the Trade Act of 1974—and applies to all countries in addition to any existing tariffs.
Source: ulysmedia.kz