President Donald Trump is dealing with a major legal defeat Friday after the Supreme Court struck down many of the tariffs he imposed last year on nearly every country on earth.

Delivering a major blow to President Donald Trump, the Supreme Court ruled he exceeded his authority when imposing sweeping tariffs using a law reserved for a national emergency.

WASHINGTON — President Trump’s global trade agenda ran into a wall Friday as the Supreme Court struck down his “reciprocal” trade and anti-fentanyl tariffs. The 6-3 ruling by the court puts at risk an estimated $175 billion already collected over the past year and jeopardizes the fate of Trump’s trade pacts with major partners,

The court’s ruling that the president’s “reciprocal” tariffs imposed on “liberation day” last year has annulled the broad 10pc tariff on all British goods sent to America, ranging from power generators and scientific instruments to whisky and cooking oils.

WASHINGTON (AP) — The Supreme Court struck down President Donald Trump’s far-reaching global tariffs on Friday, handing him a stinging loss that sparked a furious attack on the court he helped shape.

Importers around the country have a Vernon Hills toy company to thank for bringing forward the reciprocal tariffs case.

Korea’s Ministry of Trade, Industry and Resources said Saturday that the U.S. Supreme Court’s Friday decision to strike down U.S. President Donald Trump’s sweeping reciprocal tariffs nullifies the 15 percent tariff imposed on Korean goods.