In a dramatic escalation of his trade policies, President Donald Trump announced a 10% global tariff on Friday, just hours after the supreme court ruled that his current use of tariffs is illegal. The president's move is seen as a direct response to the court's decision, which he described as a "disgrace to the nation".
Trump's announcement was met with widespread criticism from economists and trade experts, who warned that the tariffs could lead to a global trade war and have devastating consequences for the US economy. The president, however, remained defiant, claiming that the tariffs are necessary to protect American industries and jobs.
The supreme court's ruling, which was announced earlier on Friday, blocked Trump's use of tariffs under the Trade Act of 1974, which gives the president the authority to impose tariffs in response to national security threats. The court found that Trump's use of the law was unconstitutional and exceeded his authority.
Trump's reaction to the ruling was swift and angry. In a statement from the White House, he called the court's decision a "disgrace" and claimed that the justices who voted against him were "swayed by foreign interests and a political movement that is far smaller than people would ever think".
The president's announcement of a 10% global tariff is seen as a attempt to circumvent the court's ruling and impose tariffs under a different law. However, it is unclear whether this move will be successful, as the court's ruling was based on the constitutionality of the Trade Act of 1974, rather than the specific tariffs imposed by Trump.
In other news, a renowned Caltech scientist was fatally shot at his home outside Los Angeles on Monday. Carl Grillmair, 67, was a prominent astronomer who studied distant planets and other areas of astronomy. Authorities have arrested a 29-year-old man in connection with the shooting, which is believed to be unrelated to Grillmair's work.
Meanwhile, First Lady Melania Trump made headlines on Friday for a different reason. She donated her inaugural gown to the Smithsonian Institution in Washington, becoming the first first lady in over 100 years to have two inaugural gowns in the museum's collection.
The week also saw a range of other significant events around the world, including the arrest of Andrew Mountbatten-Windsor, Ramadan in Gaza, Russian airstrikes in Odesa, and flooding in France. These events were captured by the world's leading photojournalists, who brought the stories to life through their powerful images.
As the world continues to grapple with the complexities of global politics, trade, and conflict, one thing is clear: the next few weeks will be crucial in shaping the course of history. With Trump's tariff announcement and the supreme court's ruling, the stakes have never been higher.
In a dramatic escalation of his trade policies, President Donald Trump announced a 10% global tariff on Friday, just hours after the supreme court ruled that his current use of tariffs is illegal. The president's move is seen as a direct response to the court's decision, which he described as a "disgrace to the nation".
Trump's announcement was met with widespread criticism from economists and trade experts, who warned that the tariffs could lead to a global trade war and have devastating consequences for the US economy. The president, however, remained defiant, claiming that the tariffs are necessary to protect American industries and jobs.
The supreme court's ruling, which was announced earlier on Friday, blocked Trump's use of tariffs under the Trade Act of 1974, which gives the president the authority to impose tariffs in response to national security threats. The court found that Trump's use of the law was unconstitutional and exceeded his authority.
Trump's reaction to the ruling was swift and angry. In a statement from the White House, he called the court's decision a "disgrace" and claimed that the justices who voted against him were "swayed by foreign interests and a political movement that is far smaller than people would ever think".
The president's announcement of a 10% global tariff is seen as a attempt to circumvent the court's ruling and impose tariffs under a different law. However, it is unclear whether this move will be successful, as the court's ruling was based on the constitutionality of the Trade Act of 1974, rather than the specific tariffs imposed by Trump.
In other news, a renowned Caltech scientist was fatally shot at his home outside Los Angeles on Monday. Carl Grillmair, 67, was a prominent astronomer who studied distant planets and other areas of astronomy. Authorities have arrested a 29-year-old man in connection with the shooting, which is believed to be unrelated to Grillmair's work.
Meanwhile, First Lady Melania Trump made headlines on Friday for a different reason. She donated her inaugural gown to the Smithsonian Institution in Washington, becoming the first first lady in over 100 years to have two inaugural gowns in the museum's collection.
The week also saw a range of other significant events around the world, including the arrest of Andrew Mountbatten-Windsor, Ramadan in Gaza, Russian airstrikes in Odesa, and flooding in France. These events were captured by the world's leading photojournalists, who brought the stories to life through their powerful images.
As the world continues to grapple with the complexities of global politics, trade, and conflict, one thing is clear: the next few weeks will be crucial in shaping the course of history. With Trump's tariff announcement and the supreme court's ruling, the stakes have never been higher.