US Supreme Court strikes down Trump’s global tariffs
President Donald Trump has openly criticized the US Supreme Court for overturning his administration’s global tariffs on Nigeria and 184 other countries. The court found that the tariffs, imposed last year, were illegal and exceeded presidential authority. Trump expressed disappointment with the ruling and accused certain justices of lacking courage. The decision has left questions about the fate of billions collected under the now-invalid tariffs.
What we know
- The US Supreme Court ruled that Donald Trump overstepped his authority by imposing global tariffs without congressional approval.
- Trump had introduced a 10% baseline tariff and additional country-specific tariffs, including 15% on Nigeria and up to 145% on China in 2025.
- The court’s decision only affects the “Liberation Day” tariffs, not other tariffs imposed under different laws.
- There is no clarity yet on whether the billions already collected from importers will be refunded.
- The ruling is considered one of the most significant economic cases to reach the Supreme Court in recent years.
