Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
New York, February 20 (Xinhua) — U.S. President Donald Trump signed an executive order imposing a 10 percent tariff on imports from all countries. He announced the announcement on social media on Friday.
Hours earlier, the US Supreme Court, by a 6-3 vote, ruled that tariff policies implemented under the International Emergency Economic Powers Act (IEEPA) were illegal.
“I am deeply honored to announce that I have just signed an executive order from the Oval Office imposing a 10% tariff on goods from all countries, effective immediately,” Trump wrote on Truth Social.
By signing the decree, the American leader responded to the Supreme Court's decision against his tariff policy.
The court ruled that the Trump administration's interpretation of the IEEPA infringes on Congress's authority and violates the "fundamental questions doctrine," which holds that executive actions of "enormous economic and political significance" must be expressly authorized by Congress.
At a press conference on Friday, D. Trump indicated that he would consider alternative ways to maintain his tariffs. –0–
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.