Trump says he will raise global tariffs from 10% to 15% after Supreme Court setback
President Trump raised global import tariffs to the maximum 15% allowed under Section 122 for 150 days after the Supreme Court invalidated his previous tariff program.
- Trump announced an increase in the US global tariff rate to 15% following a Supreme Court decision he described as anti-American.
- The increased 15% tariff rate is temporary and allowed by law for up to 150 days.
- Exemptions from the tariff remain for certain sectors like pharmaceuticals and goods under the US-Mexico-Canada agreement.
- The Supreme Court ruled 6-3 that a 1977 law does not authorize the President to impose tariffs, prompting Trump's criticism of the court.
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576 Articles
Donald Trump is showing no signs of stopping and after the Supreme Court declared the reciprocal tariff illegal, he first imposed a 10% global tariff and then increased it to 15%. Indian-American lawyer Neel Katyal has raised questions on this move of his.
Trump raises new global tariff from 10 per cent to 15 per cent
New York: US President Donald Trump said that he will raise the new global tariff to 15 per cent, one day after he announced a 10 per cent worldwide duty following a heavy blow from the Supreme Court. “I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the U.S. off for decades, without retribution (until I came along!), to the fully all…
Trump increases global tariffs to 15% from 10%
United States President Donald Trump on Saturday said he was increasing global tariffs to 15% from 10%, a day after the US Supreme Court struck down most of the levies he had imposed last year.In a social media post, Trump said that he was increasing the tariffs to the “fully allowed, and legally tested, 15% level” with immediate effect.However, it was unclear as to when the increased tariff rate would take effect as the original 10% rate announ…
Trump raises new global tariff to 15% a day after setting it at 10%
US President Donald Trump said on Saturday he will lift the temporary “global” tariff his administration unveiled just a day earlier from 10% to 15%, after the Supreme Court struck down his broader tariff program. The shift requires amending the proclamation and related measures issued on Friday.
Trump increases the rates by five more points. L'Illinois already asks for refunds. Merz media: "L'uncertainty is poison, I will bring a common EU position to the US"
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