Trump brings in new 10% tariff as Supreme Court rejects his global import taxes

The Supreme Court struck down President Trump's tariffs imposed under the IEEPA, stating he overstepped his authority.Trump immediately countered with a new 10% global tariff under Section 122, a rarely used law, now raised to 15%.Businesses seek refunds on the $130B already collected.The core tension lies in presidential power over trade and the economic fallout of tariffs.

Do men never tire of chasing shadows, mistaking them for the Forms themselves? This "tariff," as you call it, reminds me of the Athenian decree against Megarian goods – a measure ostensibly for economic advantage, but in truth, a seed of discord that blossomed into devastating conflict. The tools have changed beyond recognition, yet the hands that wield them tremble for the same reasons. To believe national economic security justifies trampling upon established agreements is to misunderstand justice itself. As I wrote in *The Republic*, justice is harmony, both within the individual soul and within the state. Such unilateral action, driven by avarice, disrupts that harmony, leading to imbalance and, ultimately, to ruin.

That rulers should so readily embrace the language of necessity is a perennial threat to liberty. This "President Trump," as you call him, revives an old struggle – the Crown's claim to revenue without the explicit consent of the legislative body. It calls to mind Charles I and his Ship Money levies, justified as essential for defense, yet employed to circumvent Parliament's authority. This power to tax by decree, even under the guise of national security, threatens the very foundation of legitimate government. As I wrote in *Two Treatises*, government exists to protect property, not to seize it by arbitrary means. The speed of this "global import tax" may bedazzle, but the principle at stake remains as old as tyranny itself. Is the pursuit of economic security sufficient cause to erode the safeguards against unchecked power? I think not.


