Trump Angrily Criticizes Supreme Court Ruling: Tariffs Ruled Illegal, Two Justices He Personally Appointed Called Out

Gate News Report: U.S. President Donald Trump publicly criticized the Supreme Court’s recent ruling, directly calling the two justices he appointed, Neil Gorsuch and Amy Coney Barrett, “disgusting.” Previously, the Supreme Court ruled 6-3 that the Trump administration’s reciprocal tariff policy implemented under the International Emergency Economic Powers Act (IEEPA) lacked legal basis.

During a dinner with the National Republican Congressional Committee in Washington, Trump stated that this ruling would cause the U.S. to lose up to hundreds of billions of dollars in revenue and criticized some justices for not supporting the government’s imposition and retention of tariffs. He emphasized that the decision not only weakens policy enforcement but also impacts national interests.

According to the opinion, Chief Justice John Roberts pointed out that the president does not have the authority, based solely on the language in IEEPA, to impose broad tariffs on global imports. The court found that the words “regulation” and “import” are insufficient to justify such a large expansion of trade powers.

In this case, Justices Brett Kavanaugh, Samuel Alito, and Clarence Thomas dissented, supporting the president’s broader discretion in emergency economic matters. The ruling is seen as a significant limitation on executive power and has triggered a chain reaction in U.S. trade policy.

In response to the ruling, the Trump administration quickly adjusted its strategy, turning to Section 122 of the Trade Act to impose a temporary 10% tariff on global imports. However, this measure can only last up to 150 days unless Congress approves an extension. Additionally, U.S. Trade Representative Jamieson Greer has launched investigations under Section 301 of the Trade Act into nearly 80 economies, including China, Japan, India, Mexico, and the European Union.

Market analysts believe that this tug-of-war between the judiciary and the executive could have far-reaching impacts on the global trade landscape and may also influence commodity and risk asset pricing expectations. (CNBC)