From The Hill: President Trump’s decision to issue new import taxes across the globe following the Supreme Court’s rebuke of his sweeping tariffs on Friday is drawing broad criticism, including from several Republican lawmakers.
Rep. Don Bacon (R-Neb.) told CNN’s Brianna Keilar on Friday that Congress is sure to challenge the new tariffs and signaled confidence that the levies “will be defeated.”
After the high court ruled on Friday that the Trump administration unlawfully imposed tariffs under the International Emergency Economic Powers Act (IEEPA), Trump imposed a new 10 percent global tariff. The executive order enacted the taxes under Section 122 of the 1974 Trade Act, which allows for tariffs up to 15 percent for a duration of 150 days to address “large and serious” trade deficits.
“It may not have a veto-proof majority, but it will have a majority that will go against that 10 percent global tariff, so I think the president is making a mistake here,” Bacon said.
In a Saturday post on Truth Social, Trump said he would actually raise the tariffs to the full 15 percent.
https://true.news/breaking-trump-announces-increase-in-global-tariff-rate/
Read more at The Hill
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