Gulte Movie News And Politics
The United States Supreme Court delivered a brutal shock to President of Donald Trump regarding the ongoing tariff fiasco. The Supreme Court invalidated the authority when it comes to imposition of unrealistic tariffs on other countries without the approval of the congress.
But Trump is continuing on his own ways as he imposed a global tariff on 10% yesterday, despite the announcement of the Supreme Court verdict.
To make it worse, Donald Trump has amplified the global tariff again today as he publicly communicated that the existing tariff of 10% has been amplified to 15%.
President Trump’s announcement escalates his unapologetic agenda by raising the global tariff from 10% imposed yesterday under Section 122 of the 1974 Trade Act to 15%. This would affect all the countries that are under the United States global tariff radar including India.
However, the positive thing for Trump here is that the President has the right to impose tariffs up to 15% without any prior approvals from the Congress. He is exercising this legal remedy to impose global tariff of 15%.
It appears that Donald Trump is unbothered about the Supreme Court verdict on his tariff methodology as he is continuing to amplify the global tariffs to the very extreme legal limits.
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