Trump Issues Trade War Warning After SCOTUS Limits Presidential Tariff Power

President Donald Trump has warned global trading partners that any attempt to ‘play games’ with existing deals will be met with even harsher tariffs, following a landmark Supreme Court decision. The Court ruled 6-3 that the President cannot impose indefinite tariffs under the International Emergency Economic Powers Act (IEEPA) without Congressional approval. In response, Trump has utilized temporary trade authorities to impose a 15% across-the-board tariff for 150 days, vowing to find more ‘powerful and obnoxious’ ways to use trade levies as a negotiating tool.