President Trump on Friday told reporters that he will impose new “global” tariffs on foreign imports of 10% following the Supreme Court’s ruling against his authority to impose the tariffs under the International Emergency Economic Powers Act (IEEPA). In a stunning decision, SCOTUS invalidated tariffs under IEEPA on Friday, but Trump told reporters that the ruling actually confirms his authority to impose tariffs. “I don’t think the court meant that, but it’s the way it is,” he said. “I can do anything I want with IEEPA, anything! I just can’t charge anybody for it. I can license. I just can’t charge them. It’s ridiculous, but it’s okay, because we have other ways, numerous other ways,” Trump said. “Therefore, effective immediately, all national security tariffs under…
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