President Donald Trump said Friday he will sign an executive order imposing a new 10% “global tariff,” just hours after the U.S. Supreme Court struck down his sweeping “reciprocal” import duties in a major setback to his trade agenda according to CNBC.
The new “Section 122” tariffs, Trump said during a White House press briefing, will be added to existing levies that remain in place despite the court’s decision. He described the ruling as “deeply disappointing” and sharply criticized members of the bench.
“I’m ashamed of certain members of the court, absolutely ashamed for not having the courage to do what’s right for our country,” Trump said.
The ruling nullified the legal foundation for many of the tariffs Trump has argued are critical to strengthening the U.S. economy and reviving the nation’s declining manufacturing sector.
Trump maintained that he has alternative avenues to impose tariffs without seeking approval from Congress.
“I don’t have to,” Trump said when asked why he did not want to work with the legislative branch. “I have the right to do tariffs.”
His comments shifted between defiance and strong criticism. He also expressed disappointment with Justices Neil Gorsuch and Amy Coney Barrett, whom he appointed, after they joined the majority in the 6-3 ruling against the tariffs.
“I think their decision was terrible,” Trump said. “I think it’s an embarrassment to their families, you want to know the truth. The two of them.”
Trump announced he would sign the order later Friday, invoking Section 122 of the Trade Act of 1974. Tariffs under that provision can remain in effect for 150 days, with any extension requiring congressional approval.
When asked about the time limit and possible congressional involvement, Trump responded, “We have the right to do pretty much what we want to do.”
He further stated that tariffs implemented under Section 232 and Section 301 would remain “in full force and effect.” The administration is also using Section 301 to initiate investigations into alleged unfair trade practices, which could lead to additional tariffs.
The court’s decision specifically invalidated tariffs imposed under the International Emergency Economic Powers Act (IEEPA), the legal basis for both Trump’s “reciprocal” tariffs and drug-trafficking-related duties. The majority ruled that IEEPA “does not authorize the President to impose tariffs.”
A significant share of U.S. tariff revenue last year came from duties enacted under IEEPA.
“Other alternatives will now be used to replace the ones that the court incorrectly rejected,” Trump said.
“We’ll take in more money, and we’ll be a lot stronger for it,” he added.
Treasury Secretary Scott Bessent, speaking at the Economic Club of Dallas shortly after Trump’s remarks, said the administration plans to substitute the rejected IEEPA tariffs by relying on other existing trade laws.
According to Bessent, the move “will result in virtually unchanged tariff revenue in 2026.” He added, “No one should expect that the tariff revenue will go down.”