House Speaker Mike Johnson (R-LA) stood and applauded President Donald Trump as he declared that new tariffs would not require Congressional approval, despite the Supreme Court striking down his previous global tariffs. Trump asserted that foreign nations would continue negotiating under the new mechanism, which he claims will replace income tax and benefit Americans financially. Section 122 of the Trade Act of 1974 requires Congress to vote to continue these levies after 150 days, a process Trump's administration is all but certain to challenge in court as unconstitutional. While Johnson and Vice President JD Vance applauded the line, the vote looms as a critical test of executive power versus legislative authority.

Trump framed the new tariffs as a necessary replacement for the income tax system, promising factories, jobs, and trillions in investment would pour into the U.S. under his leadership. However, the mechanism relies on Section 122, which grants the President temporary tariff authority but mandates Congressional reauthorization. The Supreme Court's recent ruling invalidating Trump's prior global tariffs underscores the legal vulnerability of such executive actions, setting up a potential constitutional showdown over trade policy.

The immediate impact hinges on whether Congress will authorize the latest tariffs. While Trump touted financial benefits, the legal challenges and required legislative vote create significant uncertainty for businesses and investors navigating the evolving trade landscape.