President Trump said Friday that he is "absolutely ashamed" of the Supreme Court after it struck down his sweeping tariffs agenda.
Why it matters: Trump, who previously called the lawsuit the "most important case ever," was banking on tariffs to boost the U.S. economy, pay down the national debt, and fund domestic policy plans.
- "The Supreme Court's ruling on tariffs is deeply disappointing," he said in Friday afternoon's news conference.
The big picture: The Supreme Court's ruling is a blow to the administration's economic and foreign policy agendas and a rare rebuke of Trump's power.
- The president criticized the court for not releasing a decision sooner, and he rejected the idea of working with Congress. He also accused justices of being swayed by foreign interests.
Zoom in: "I'm allowed to destroy the country, but I can't charge them a little fee," he said.
Friction point: Trump said the justices who struck down his policy were a "disgrace to our nation" and expressed surprise that conservative Justices Neil Gorsuch and Amy Coney Barrett were in the majority.
- "I think it's an embarrassment to their families," he said.
- The majority ruling justices were "barely" still invited to his State of the Union address on Tuesday, he said, adding: "Honestly, I couldn't care less if they come."
What we're watching: Trump said the government will use another section of trade law to immediately impose 10% tariffs on countries around the world, but the Section 122 authority is temporary.
- "Countries that have treated us badly will have to pay a price for treating us badly, and countries that have been good to us will be treated very well," Trump said.
Context: Trump has repeatedly claimed the U.S. economy would struggle if the Supreme Court shot down his policy.
- "I'll have to figure something out. I don't want to even think about it, we're doing so well," Trump said in October, later adding that if tariffs are taken away, "then they've taken away our national security."
Go deeper: Supreme Court says Trump global tariffs are illegal
Editor's note: This story has been updated with details throughout.
