World
Trump furious after Supreme Court upends his global tariffs, imposes new 10% levy
U.S. President Donald Trump responded with fury to Friday’s Supreme Court ruling that he lacked the power to unilaterally set tariffs on imports, denouncing individual justices as he vowed to continue a global trade war that has kept the world on edge for a year.
Saying he was undeterred by what he repeatedly called a ridiculous ruling, Trump announced an immediate new 10% tariff on imports from all countries, on top of any existing tariffs, and then issued a proclamation putting them into effect. The law allows him to impose a levy of up to 15% for 150 days, although it could face legal challenges, Reuters reported.
The court’s landmark 6-3 ruling upended the leverage Trump and his trade envoys have wielded over foreign governments at negotiating tables to reshape diplomatic relations and global markets.
The ruling briefly sent U.S. stock indexes surging, before ending modestly higher as analysts warned of renewed confusion in global markets while they await Trump’s next moves.
Hours after the ruling, Trump signed an executive order repealing the tariffs that the court struck down, and he also issued a proclamation imposing a 10% duty on most goods imported into the U.S. for 150 days, granting exemptions for certain items including critical minerals, metals and energy products, the White House said.
TRADE DEALS, REVENUE IN QUESTION
The ruling called into question the trade deals Trump’s envoys have negotiated in recent months under the threat of high tariffs. It left open the fate of the $175 billion Trump has collected from U.S. importers under what the court said was his incorrect reading of the law.
“I’m ashamed of certain members of the court, absolutely ashamed, for not having the courage to do what’s right for our country,” Trump told reporters at the White House, complaining that foreign countries were ecstatic and “dancing in the street.”
He insinuated, without evidence, that the majority of the court caved to foreign influence: “They’re very unpatriotic and disloyal to our Constitution. It’s my opinion that the court has been swayed by foreign interests and a political movement that is far smaller than people would ever think.”
Since returning to the White House 13 months ago, Trump has said he had what the court summarized as the “extraordinary power to unilaterally impose tariffs of unlimited amount, duration, and scope.” Citing a national emergency, he said the International Emergency Economic Powers Act (IEEPA) meant he could set tariffs at any rate he chose.
The court grounded its opinion, which was written by Chief Justice John Roberts, with a quote from the U.S. Constitution: “The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises.”
The argument by the Trump administration that it had identified a war-like emergency to justify a loophole failed to persuade the court.
“The Government thus concedes, as it must, that the President enjoys no inherent authority to impose tariffs during peacetime,” Roberts wrote.
“And it does not defend the challenged tariffs as an exercise of the President’s warmaking powers. The United States, after all, is not at war with every nation in the world.”
Despite the court’s bluntness in ruling the president had exceeded his authority, Trump told reporters: “It’s ridiculous, but it’s OK, because we have other ways, numerous other ways.”
ECONOMIC UNCERTAINTY RISES
After a year of Trump’s often ad hoc tariff announcements whipsawing markets and the global economy, the ruling and Trump’s response reintroduced a hefty dose of uncertainty that economists, investors and policymakers had hoped was in the rearview mirror.
“I think it will just bring in a new period of high uncertainty in world trade, as everybody tries to figure out what the U.S. tariff policy will be going forward,” said Varg Folkman, analyst at the European Policy Centre think tank.
U.S. Treasury Secretary Scott Bessent said the court ruling could have mixed results.
“The Supreme Court has taken away the President’s leverage, but in a way, they have made the leverage that he has more draconian because they agreed he does have the right to a full embargo,” Bessent told “The Will Cain Show” on Fox News.
“We will get back to the same tariff level for the countries. It will just be in a less direct and slightly more convoluted manner,” he said.
In announcing his new temporary 10% tariff, Trump became the first president to invoke Section 122 of the Trade Act of 1974, which allows the president to levy tariffs of up to 15% for up to 150 days to fix “fundamental international payments problems.” That, too, could draw legal challenges. Such tariffs can only be extended with Congress’ authorization.
World
Trump says Israeli PM Netanyahu will visit US next week
President Donald Trump said on Friday that Israeli Prime Minister Benjamin Netanyahu will visit the U.S. next week.
Trump’s comments came in his speech at the White House Correspondents’ Association Dinner on Friday, while he was falsely casting U.S. Senator Chuck Schumer as Palestinian, Reuters reported.
“I am going to send him (Schumer) a beautiful Palestinian outfit tomorrow, so he can greet Bibi Netanyahu when he comes to town next week,” Trump said.
“He turned Palestinian,” Trump said of Schumer, who is Jewish, while also joking that sharia law was Schumer’s “new founding.”
U.S. Muslim and Jewish advocacy groups have previously criticized Trump for calling Schumer, the top Senate Democrat, a Palestinian, with the rights groups saying Trump uses the term disrepectfully as a slur and as an insult.
Netanyahu’s office said earlier that he will travel to Washington on Monday and will meet with Trump on Tuesday. Netanyahu will also attend deceased U.S. Senator Lindsey Graham’s funeral, his office said.
The Trump-Netanyahu meeting will come as the U.S.-Israeli war on Iran completes five months.
World
Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100
After the Houthis said they had struck the two tankers on Thursday, Trump said he would hold Iran accountable for any further attacks by the fighters.
U.S. President Donald Trump promised “major military punishment” for Iran and its Houthi allies on Thursday after the Yemeni fighters struck two Saudi oil tankers in the Red Sea, extending the Middle East war to a second major shipping chokepoint.
Fears that disruption could widen further to block another sea route sent global oil prices surging in one of the steepest rises of the war. Brent crude rose more than 6%, breaking through $100 a barrel for the first time since May, Reuters reported.
Two weeks since the effective collapse of an interim truce meant to end the war, the U.S. military launched air strikes on Iran overnight into Thursday, prompting Iran to fire at neighbouring Arab countries that host U.S. bases. The U.S. military fired another round of missiles at Iran late Thursday and early Friday in the 13th consecutive night of attacks.
Iranian state media said on both nights that missiles struck Qeshm Island on the Strait of Hormuz, the virtually closed waterway that has become the focal point in a war well into its fifth month that has already killed thousands and raised fears of a global economic downturn.
TRUMP: IRAN HASN’T ‘RECEIVED ENOUGH PAIN YET’
After the Houthis said they had struck the two tankers on Thursday, Trump said he would hold Iran accountable for any further attacks by the fighters.
The Houthis, who control northern and western Yemen, said this week they were imposing a naval blockade on Saudi Arabia, which has diverted millions of barrels of oil per day by pipeline to the Red Sea to get around Iran’s blockade of Gulf oil through the Strait of Hormuz.
“If they do this again, the U.S. will hold Iran responsible, in that the Houthis are a Surrogate and/or Proxy of Iran, and major military punishment will be inflicted upon Iran and, of course, the Houthis, themselves,” Trump wrote on social media.
He told news outlet Axios he was considering relaunching major combat operations in Iran and was close to a decision. “They haven’t received enough pain yet,” Axios quoted Trump as saying.
On Thursday evening, Trump said on social media that “any and all damages done” to cargo ships would be paid for with “Iranian Money,” referring to frozen Iranian assets held by the U.S., but he did not say how this would work.
Sources in Iran and Yemen told Reuters that Iran had flown Revolutionary Guard commanders, military advisers and missile- and drone-related equipment into Yemen days before the Houthis announced their blockade. The Houthis dismissed the report.
The Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers, the Encelia and the Layla.
A maritime security source said the Encelia had transmitted a distress call reporting it had been struck by a missile near the Saudi port of Jizan in the Red Sea just north of Yemen late on Wednesday. Saudi state news agency SPA said the strike had caused a fire at the bow.
Reuters could not immediately confirm the attack on the Layla, or other battlefield accounts, but Trump mentioned two attacks on Saudi tankers.
The insurance cost of shipping goods through the southern Red Sea doubled for some companies on Thursday, after the reported attacks, sources said.
Houthi attacks could close the strait known as the Bab el-Mandeb or “Gate of Tears” which controls access from the Red Sea to the Indian Ocean, the second most important route for energy shipments after the Strait of Hormuz at the mouth of the Gulf.
In the days since they announced their blockade in the Red Sea, several tankers have changed course to avoid the Bab el-Mandeb, heading north instead through the Suez Canal, potentially using a much longer and more expensive route to reach Asian customers by sailing around Africa.
IRAN REPORTS STRIKES ON JORDAN, KUWAIT
Iran said it attacked U.S. missile systems, weapons and fuel storage sites in Jordan, as well as U.S. military posts in Kuwait.
Jordan’s army said it engaged four Iranian missiles and six drones in the past day, intercepting all but one missile, which fell in an uninhabited area.
Iran’s Revolutionary Guards said it struck a U.S. electronic warfare unit at Al-Adiri base in Kuwait, causing unspecified casualties, in response to an overnight strike on Iran’s Shalamcheh border crossing with Iraq.
Neither the U.S. nor Kuwait has reported casualties at the base.
Iranian military spokesperson Brigadier General Mohammad Akraminia said Iran would keep retaliating as long as the U.S. continued to attack its infrastructure and coastal areas, Iranian state TV reported.
Since the U.S. and Israel began the war in February, Iran has demonstrated that it can hit U.S. targets in the region, despite Trump having said early on that the U.S. had wiped out Iranian military capabilities.
Four people familiar with U.S. intelligence said Iranian strikes on CIA targets in the Gulf earlier in the war had prompted U.S. intelligence to investigate whether Russia was assisting Iran with targeting information or drone technology.
CONGRESS
High oil prices are stoking inflation globally, and have put Trump’s Republican allies under pressure ahead of congressional elections in November.
The Republican-led U.S. House of Representatives backed legislation on Thursday directing Trump to halt U.S. military action against Iran, the latest rebuke of the Republican president from Congress, which the U.S. Constitution grants the exclusive power to “declare War.”
Lawmakers have passed similar resolutions repeatedly in recent months, but they have not led to cessation of the war. The Senate voted hours later to block a separate, similar measure.
World
Trump links Saudi nuclear deal to Israel normalization through Abraham Accords
U.S. President Donald Trump said on Thursday that a newly agreed civilian nuclear cooperation deal with Saudi Arabia will only move forward if the kingdom normalizes relations with Israel by joining the Abraham Accords.
In a post on social media, Trump said the agreement does not permit uranium enrichment and stressed that approval of the deal is contingent on Saudi Arabia signing the Abraham Accords, the U.S.-brokered agreements that established diplomatic ties between Israel and several Arab states.
“The agreement will be approved, but is totally subject to Saudi Arabia joining the very respected and successful Abraham Accords,” Trump wrote, adding that the United States supports only civilian nuclear facilities that do not involve uranium enrichment.
Saudi Arabia has repeatedly stated that it will not normalize relations with Israel without a clear pathway toward the establishment of an independent Palestinian state. Israeli Prime Minister Benjamin Netanyahu has rejected Palestinian statehood, arguing it would pose unacceptable security risks to Israel.
The Saudi Embassy in Washington declined to comment on Trump’s remarks.
Netanyahu’s office welcomed the prospect of Saudi Arabia joining the Abraham Accords, describing it as a “historic leap forward for peace in the Middle East,” but did not address the nuclear agreement.
The civilian nuclear agreement, announced on Wednesday, is expected to run for 30 years and involve U.S. companies in developing Saudi Arabia’s nuclear energy sector. According to U.S. officials familiar with the agreement, it could eventually allow for the construction of a uranium
enrichment facility following a joint U.S.-Saudi feasibility study, although Trump has insisted the final arrangement will not include uranium enrichment.
The agreement will be submitted to the U.S. Congress for review.
The Saudi Energy Ministry said the deal would help diversify the kingdom’s energy sources, promote advanced technologies and expand investment opportunities between the two countries.
Secretary of State Marco Rubio defended the agreement during a visit to Manila, saying it would ensure Saudi Arabia partners with American companies rather than competitors such as China, Russia, France or South Korea in developing its civilian nuclear program.
“We’re not the only show in town, but we’re the best show in town,” Rubio told reporters.
The agreement has already drawn scrutiny from members of Congress and nuclear non-proliferation experts, who have raised concerns over reports that it does not include the International Atomic Energy Agency’s Additional Protocol, which provides for expanded inspections and verification measures.
Some lawmakers have also questioned whether Congress should have greater oversight of any nuclear cooperation agreement with Saudi Arabia, reviving debate over legislation first proposed in 2018 that would require congressional approval before such agreements take effect.
The Trump administration has made expanding the Abraham Accords a key foreign policy objective during the president’s second term, viewing Saudi Arabia’s participation as a major step toward broader regional normalization despite ongoing tensions stemming from the conflicts in Gaza and Iran.
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