The president unveiled the plan shortly after the justices outlawed most of the global tariffs the White House announced last year. 1:31Watch: Trump hits out at "deeply disappointing" Supreme Court decisionThe court battle was focused on import taxes that Trump unveiled last year on goods from nearly every country in the world. The White House had cited a 1977 law, the International Emergency Economic Powers Act (IEEPA), which gives the president power to "regulate" trade in response to an emergency. At the White House, Trump said he was "absolutely ashamed" of the Republican appointees on the court who voted against his trade policy. Trump has previously used those tools for tariffs, including some announced last year on sectors such as steel, aluminium and cars.

Source: GhanaWeb February 21, 2026 17:08 UTC