Trump implements new 10% global tariffs
US president Donald Trump has said he will sign an order imposing 10-percent tariffs on all global imports later today, replacing many of the levies ruled illegal by the Supreme Court this morning. In a press conference punctuated by accusations of foreign meddling in American courts, the president said the new duties will be implemented under Section 122 of the Trade Act of 1974, implying that there can be no carveouts for specific product groupings, and that the government will have 150 days to gain Congressional approval before they expire. During that time, Trump said his administration would begin investigations...