Trump vows alternatives after tariff ruling, announces new 10% global tariff; says nothing changes on India trade deal | Highlights

After the Supreme Court narrows the use of IEEPA for tariffs, Donald Trump signals alternative trade weapons while asserting that the India-US agreement remains intact.

Trump criticized the Supreme Court for striking down his tariffs under the IEEPA, vowing to use alternative measures and imposing a new 10% global tariff. He claimed the ruling made presidential trade powers clearer and accused the court of foreign influence.

Did our AI summary help?

US President Donald Trump on Friday sharply criticised the Supreme Court ruling that struck down his tariffs, vowing that all the fallback options will be used to replace them. He stated that the court didn't overrule tariffs, and only overruled a particular use of International Emergency Economic Powers Act (IEEPA).

"Other alternatives will now be used to replace the ones that the court incorrectly rejected," Trump told a press conference, adding that these options could also bring in more revenue.

He further announced that he was imposing an extra global tariff of 10 percent on US trade partners. "The Supreme Court's decision today made a president's ability to both regulate trade and impose tariffs more powerful and more crystal clear, rather than less," he said.

Here are the key highlights from his press conference to discuss the Supreme Court's ruling:

• Trump announced that he was imposing an extra global tariff of 10 percent on US trade partners.

• Trump says Supreme Court ruling leaves him 'more powerful.'

• "Other alternatives will now be used to replace the ones that the court incorrectly rejected," Trump said, adding that these options could also bring in more revenue.

• Trump accused the country's Supreme Court of being influenced by "foreign interests" after it ruled that his sweeping global tariffs are illegal.

• Trump said he was "absolutely ashamed" of "certain members" of the conservative-dominated court who ruled against him.

• Trump says "refunds have not been discussed. We will end up being in court for the next five years."

• Trump says nothing changes on the trade agreement with India. "PM Modi is a gentleman, a great actually. He was ripping us off, so we made a deal with india and now we are not paying tariffs to India and India is paying tariffs to us. We did a little flip."

The ruling did not impact sector-specific duties Trump separately imposed on imports of steel, aluminum and various other goods. Several government probes which could lead to more sectoral tariffs remain in the works.

Still, it marked Trump's biggest defeat at the Supreme Court since returning to the White House last year.

While Trump has long relied on tariffs as a lever for diplomatic pressure and negotiations, he made unprecedented use of emergency economic powers in his second term to slap new duties on virtually all US trading partners.

These included "reciprocal" tariffs over trade practices that Washington deemed unfair, alongside separate sets of duties targeting major partners Mexico, Canada and China over illicit drug flows and immigration.

The court noted Friday that "had Congress intended to convey the distinct and extraordinary power to impose tariffs" with IEEPA, "it would have done so expressly, as it consistently has in other tariff statutes."

The Supreme Court's three liberal justices joined three conservatives in Friday's ruling, which upheld lower court decisions that tariffs Trump imposed under IEEPA were illegal.

Trump heaped praise on Brett Kavanaugh, the only justice he nominated who voted with him. Kavanaugh was joined in his dissent by fellow conservatives Clarence Thomas and Samuel Alito.

Chief Justice John Roberts, in delivering his opinion, said "IEEPA contains no reference to tariffs or duties."