{"id":301589,"date":"2026-02-20T19:59:08","date_gmt":"2026-02-20T19:59:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/301589\/"},"modified":"2026-02-20T19:59:08","modified_gmt":"2026-02-20T19:59:08","slug":"trump-announces-new-10-global-tariff-as-he-hits-out-at-deeply-disappointing-supreme-court-ruling","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/301589\/","title":{"rendered":"Trump announces new 10% global tariff as he hits out at ‘deeply disappointing’ Supreme Court ruling"},"content":{"rendered":"

Small businesses welcome the ruling but remain on edgepublished at 19:40 GMT<\/p>\n

19:40 GMT<\/p>\n

\"\"Danielle Kaye
New York business reporter<\/p>\n

Some
\nsmall business owners, who have seen their profits fall as a result of Trump’s
\ntariffs, are greeting the Supreme Court’s ruling with cautious optimism.<\/p>\n

Jenelle
\nPeterson, co-founder of Wild Life Outdoor Adventures, said her Canadian toy
\nfirm, which makes its toys in China before shipping them to the US for
\ndistribution, took a roughly 25% hit to its profits last year.<\/p>\n

Peterson
\nheld prices steady for six months after Trump returned to the White House. But
\nshe said she couldn’t hold out forever. A knot-tying game now costs $19.99, up
\nfrom $14.99.<\/p>\n

“It’s
\nhard to keep the lights on,” Peterson said.<\/p>\n

That’s
\nwhy she welcomed the court’s blow to Trump’s authority. <\/p>\n

“It
\nsends a really good message that we can’t have these insane fluctuations in
\ntariff rates and economic policy, because it’s so damaging to small
\nbusinesses,” she said.<\/p>\n

As she
\nprocesses the implications of the ruling, Peterson is already making
\nplans to import more products to the US. She hopes to eventually claw back
\nenough money to invest in designing new toys.<\/p>\n

Still,
\nshe said lingering uncertainty – about refunds and other tariff authorities
\nthat the Trump administration might leverage – is keeping her on edge.<\/p>\n

“I
\nhave a bit of reservation in too much celebration,” Peterson said. “But for us, every
\npercentage point matters.”<\/p>\n","protected":false},"excerpt":{"rendered":"Small businesses welcome the ruling but remain on edgepublished at 19:40 GMT 19:40 GMT Danielle KayeNew York business…\n","protected":false},"author":2,"featured_media":301590,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-301589","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/301589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=301589"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/301589\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/301590"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=301589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=301589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=301589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}