LIVE: Trump holds a news conference after the Supreme Court rules against global tariffs

Court rejects AIPA tariff authority

The Supreme Court ruled against using the International Emergency Economic Powers Act to impose global tariffs, which Trump called a "terrible decision" that protects foreign countries over American interests.

Praise for dissenting justices

Trump specifically commended Justices Thomas, Alito, and Kavanaugh for their "strength and wisdom" while accusing other justices of being "lap dogs" swayed by foreign interests and political pressure.

Claims of judicial intimidation

He suggested certain justices ruled against the tariffs because they are "afraid" of "obnoxious, ignorant, and loud" political movements rather than following constitutional principles.

Other statutes remain viable

Trump emphasized that the ruling leaves intact broader presidential powers under the Trade Expansion Act of 1962 (Section 232), Trade Act of 1974 (Sections 122, 301), and Tariff Act of 1930 (Section 338).

Licensing vs. tariff paradox

He highlighted the Court's distinction that while he cannot charge even $1 in tariffs under AIPA, he retains authority to impose embargoes, block trade entirely, or license imports without fees.

Kavanaugh's dissent analysis

Citing Justice Kavanaugh's dissent, Trump argued the decision "might not substantially constrain" future tariff imposition because numerous other federal statutes authorize presidential trade restrictions.

New 10% global tariff

Effective immediately, Trump announced he will sign an order imposing a 10% global tariff under Section 122 authority, layered on top of existing normal tariffs.

Existing tariffs protected

All current national security tariffs under Section 232 and existing Section 301 tariffs remain fully in place and enforceable despite the ruling.

Additional investigations launched

The administration is initiating several new Section 301 investigations to counter unfair trading practices by foreign countries and companies.

Stock market milestones

Trump claimed credit for the Dow Jones reaching 50,000 and the S&P 500 hitting 7,000, asserting these records were achieved in one year rather than the predicted four years.

Steel industry revival

He recounted a Georgia steel plant owner's claim that tariffs transformed his business from one-hour work weeks to 24/7 double shifts, preventing bankruptcy for multiple local manufacturers.

Manufacturing reshoring

Trump argued tariffs successfully pressured foreign chip manufacturers to build factories in Arizona and Texas while preventing Canada and Mexico from taking U.S. auto market share.