Clarence Thomas

Person

Last mentioned: 1d ago

Timeline

  1. Expiration Date

    The 150-day temporary allowance for the current 15% tariff is set to expire.

  2. Initial Response

    Trump announces a 10% global levy using an alternative legal avenue.

  3. Tariff Escalation

    Rate is hiked to 15% after a 'thorough review' of the court's decision.

  4. SCOTUS Ruling

    Supreme Court rules 6-3 against the administration's use of IEEPA for global tariffs.

Stories mentioning Clarence Thomas 1

Regulation Bearish

Trump Escalates Trade War with 15% Global Tariff Following SCOTUS Rebuke

President Trump has unilaterally increased the global import duty to 15%, bypassing a Supreme Court ruling that struck down his previous tariff regime. The move utilizes a temporary 150-day legal mechanism to maintain aggressive trade policies while sparking a constitutional confrontation with the judiciary.

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