Trump hits back with new 10% global tariff after Supreme Court setback

President Donald Trump moved within hours of the Supreme Court ruling that gutted his earlier tariff program, unveiling a new 10% “global tariff” that would sit on top of existing US import levies. He framed the move as both an economic shield and a political counterpunch, using a White House briefing room address to argue that tariffs have been central to his agenda and to blast the justices who ruled against him. The big question for investors: Is this a reset, or just the next round? A new tariff, a new legal lane Trump’s new peg is a 10% across-the-board tariff, and the key detail is the legal hook: Section 122 of the Trade Act of 1974, a rarely used…