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Supreme Court Strikes Down Tariffs; Trump Eyes Increase

3/25/2026

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Story summary
  • Peter Navarro, trade adviser to President Donald Trump, says the Supreme Court struck down emergency tariffs under the International Emergency Economic Powers Act (IEEPA) and calls it positive.
  • Trump plans to raise the global tariff from 10% to 15%, despite risks to trade agreements.
  • Navarro notes investigations into unfair trade practices.
  • Navarro calls Federal Reserve Chair Jerome Powell the worst Fed chairman in history and questions his continued board presence.