Why Trump’s New Tariffs are Also Illegal (Level 1)

US President Donald Trump wants to put a new tax on goods coming into the country. These taxes are called tariffs. Recently, the Supreme Court told him he could not do this using his original plan. Trump was angry, so he decided to use an old law from 1974 instead. This law allows a president to tax imports if the country is losing too much money to other nations. Trump plans to charge a 15% tax on everything. However, many experts believe this is illegal. The old law was made for a different time in history. In the past, the value of money was fixed to gold, and a country could run out of reserves. Today, money changes value easily, and the United States gets a lot of investment from other countries. This investment balances the money going out. Therefore, experts say the reason for using this old law does not make sense today. This situation creates worry for the world economy.