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
Iran claims it targeted a US-linked oil tanker in Strait of Hormuz
Iran’s Islamic Revolutionary Guard Corps (IRGC) said Thursday that it carried out an attack on an oil tanker linked to a U.S. company in the Strait of Hormuz after the vessel allegedly ignored repeated warnings from Iranian authorities.
In a statement, the IRGC said the tanker Safesea Vishnu, which it described as owned by a U.S. company and sailing under the flag of the Marshall Islands, was struck north of the strategic waterway early in the morning.
Iranian officials claimed the ship failed to comply with maritime instructions issued by Iranian forces operating in the area.
The IRGC warned that shipping traffic in the Persian Gulf and the Strait of Hormuz faces increasing risks, placing responsibility for the heightened tensions on the United States. The IRGC urged commercial vessels transiting the region to follow Iranian maritime regulations in order to avoid potential attacks.
The incident comes amid a broader escalation of hostilities between Iran, the United States, and Israel.
On March 2, Tehran announced it was closing the Strait of Hormuz in response to ongoing U.S. and Israeli military operations against Iran. The strait is one of the world’s most critical energy corridors, carrying a significant share of global oil shipments.
Since the announcement, shipping and insurance costs in the region have surged, while global oil prices have risen amid fears of supply disruptions. Analysts warn that prolonged instability in the waterway could have major economic consequences worldwide.
The reported attack also follows continued U.S. and Israeli airstrikes on Iranian targets that began on February 28. Iranian authorities say the strikes have killed around 1,300 people and wounded more than 10,000 others.
In response, Tehran has launched drone and missile attacks targeting Israeli territory as well as locations in Iraq and several Gulf states that host U.S. military facilities, raising concerns about a widening regional conflict and threats to international shipping routes.
World
US intelligence says Iran government is not at risk of collapse: report
U.S. intelligence indicates that Iran’s leadership is still largely intact and is not at risk of collapse any time soon after nearly two weeks of relentless U.S. and Israeli bombardment, Reuters reported citing three sources familiar with the matter.
A “multitude” of intelligence reports provide “consistent analysis that the regime is not in danger” of collapse and “retains control of the Iranian public,” said one of the sources, all of whom were granted anonymity to discuss U.S. intelligence findings.
The latest report was completed within the last few days, the source said.
With political pressure building over soaring oil costs, President Donald Trump has suggested he will end the biggest U.S. military operation since 2003 “soon.” But finding an acceptable end to the war could be difficult if Iran’s hardline leaders remain firmly entrenched.
The intelligence reporting underscores the cohesion of Iran’s clerical leadership despite the killing of Supreme Leader Ayatollah Ali Khamenei on February 28, the first day of the U.S. and Israeli strikes.
Israeli officials in closed discussions also have acknowledged there is no certainty the war will lead to the clerical government’s collapse, a senior Israeli official told Reuters.
The sources stressed that the situation on the ground is fluid and that the dynamics inside Iran could change.
The Office of the Director of National Intelligence and the Central Intelligence Agency declined to comment.
The White House did not immediately respond to a request for comment.
SHIFTING OBJECTIVES
Since launching their war, the U.S. and Israel have struck a range of Iranian targets, including air defenses, nuclear sites, and members of the senior leadership.
The Trump administration has given varying reasons for the war. In announcing the beginning of the U.S. operation, Trump urged Iranians to “take over your government,” but top aides have since denied that the objective was to oust Iran’s leadership.
In addition to Khamenei, the strikes have killed dozens of senior officials and some of the highest-ranking commanders in the Islamic Revolutionary Guard Corps (IRGC), an elite paramilitary force that controls large parts of the economy.
Still, the U.S. intelligence reports indicate that the IRGC and the interim leaders who assumed power after Khamenei’s death retain control of the country.
The Assembly of Experts, a group of senior Shiite clerics, earlier this week declared Khamenei’s son, Mojtaba, the new supreme leader.
Israel has no intention of allowing any remnants of the former government to stay intact, said a fourth source familiar with the matter.
It is unclear how the current U.S.-Israeli military campaign would topple the government.
It would likely require a ground offensive that would allow people inside Iran to safely protest in the streets, said the source.
The Trump administration has not ruled out sending U.S. troops into Iran.
INTELLIGENCE SUGGESTS KURDS LACK FIREPOWER TO FIGHT IRAN
Reuters reported last week that Iranian Kurdish militias based in neighboring Iraq consulted with the U.S. about how and whether to attack Iran’s security forces in the western part of the country.
Such an incursion could put pressure on Iranian security services there, allowing Iranians to rise up against the government.
Abdullah Mohtadi, the head of the Komala Party of Iranian Kurdistan, part of a six-party coalition of Iranian Kurdish parties, said in an interview on Wednesday that the parties are highly organized inside Iran and that “tens of thousands of young people are ready to take up arms” against the government if they receive U.S. support.
Mohtadi said he has received reports from inside Iranian Kurdistan that IRGC units and other security forces have abandoned bases and barracks out of fear of U.S. and Israeli strikes.
“We have been witnessing tangible signs of weakness in Kurdish areas,” he said.
But recent U.S. intelligence reports have cast doubt on the ability of the Iranian Kurdish groups to sustain a fight against Iranian security services, according to two sources familiar with those assessments.
The intelligence indicates that the groups lack the firepower and numbers, they said.
The Kurdish Regional Government, which governs the autonomous region of Iraqi Kurdistan where the Iranian Kurdish groups are based, did not immediately respond to a request for comment.
The Iranian Kurdish groups have in recent days asked senior officials in Washington and U.S. lawmakers for the U.S. to provide them with weapons and armored vehicles, another person familiar with the matter said.
But Trump said on Saturday that he had ruled out having the Iranian Kurdish groups go into Iran.
World
As many as 150 US troops wounded so far in Iran war: report
As many as 150 U.S. troops have been wounded in the 10-day-old war with Iran, Reuters reported citing two people familiar with the matter.
The casualty figure has not been previously reported. Prior to Reuters’ publication of the figure, the Pentagon had only disclosed eight U.S. personnel seriously injured.
In a statement after Reuters published its report, the Pentagon estimated the figure to be approximately 140 wounded and said the vast majority of them were minor.
“Since the start of Operation Epic Fury, approximately 140 U.S. service members have been wounded over 10 days of sustained attacks,” said chief Pentagon spokesperson Sean Parnell.
He said 108 of the wounded service members had already returned to duty.
Parnell said the eight seriously wounded service members were receiving the highest level of medical care.
Reuters could not determine the types of injuries and whether they include traumatic brain injuries, which are common after exposure to blasts.
Iran has launched retaliatory strikes against U.S. military bases since the start of the conflict on Feb. 28. It has also struck diplomatic missions in Arab Gulf states as well as hotels and airports and damaged oil infrastructure.
The Pentagon says the number of Iranian strikes has fallen sharply since the start of the war, as the U.S. military bombs Iran’s weapons inventories and targets Iran’s more limited number of missile launchers.
Asked if Iran was a stronger adversary than he expected when the U.S. military drew up its war plans, General Dan Caine, chairman of the Joint Chiefs of Staff, told reporters earlier on Tuesday that the fight was not harder than expected.
“I think they’re fighting, and I respect that, but I don’t think they are more formidable than what we thought,” Caine told a Pentagon briefing.
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