President Trump said precocious Friday helium signed an enforcement bid that volition enforce 10% tariffs connected imports from each countries, conscionable hours aft the Supreme Court struck down a acceptable of sweeping planetary tariffs that were issued nether a antithetic ineligible authority.
"It is my Great Honor to person conscionable signed, from the Oval Office, a Global 10% Tariff connected each Countries, which volition beryllium effectual astir immediately," the president wrote connected Truth Social.
The enforcement bid has not yet been released.
Mr. Trump told reporters earlier Friday that helium planned to rotation retired caller 10% tariffs nether Section 122 of the Trade Act of 1974, which allows for duties of up to 15% to woody with "large and serious" balance-of-payment issues. The instrumentality puts a 150-day clip bounds connected those tariffs unless they're extended by an enactment of Congress.
This is simply a breaking story; it volition beryllium updated.
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