#TrumpAnnouncesNewTariffs

​A New Era Caught Between Law and Economics
​The U.S. Supreme Court's recent ruling, which restricted the president's power to set customs tariffs using emergency authorities, has sent unexpected shockwaves through Washington. Following the Court’s decision that tariffs applied under the International Emergency Economic Powers Act (IEEPA) of 1977 were unconstitutional, Trump wasted no time stepping back onto the stage with a new strategy.
​While Trump described the court's decision as a "disappointment," he demonstrated that he would not back down from his resolve in the trade wars. This time, the President announced a decision to implement a 10% general customs tariff worldwide by invoking Section 122 of the Trade Act of 1974. This move serves as a strategic counter-response, coming immediately after a legal hurdle and set to take effect "almost instantly."
​The New Rules of Global Trade
​These newly announced tariffs will be applied in addition to existing duties and will initially remain in effect for 150 days. During this period, the Trump administration aims to launch new investigations to justify even higher tax rates. This situation creates a cloud of severe uncertainty over global supply chains, directly impacting major trading partners such as Canada, Mexico, and China.
​Market Turbulence: Following the announcement, volatility in global stock markets increased, and investors began turning toward safe havens like gold.
​Political Messaging: Trump explicitly states that these taxes are not just economic tools; they are also being used as "leverage" to force cooperation from other countries on issues such as illegal immigration and drug trafficking.
​Impact on the Domestic Economy: Experts warn that these additional tariffs could increase the annual tax burden on U.S. households and trigger inflationary pressures.
​Future Outlook
​Donald Trump's "aggressive trade diplomacy" aims not only to close America's trade deficits but also to rewrite the rules of global trade with Washington at the center. This struggle, stretching from court corridors to customs gates, will continue to be the most important agenda item for the world economy in the coming months. How powers like the European Union and China will retaliate against this American move is already a subject of great curiosity.