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Trump says he will raise global tariffs from 10% to 15% after Supreme Court setback
Trump raised global tariffs to 15% using Section 122 of the Trade Act, a temporary measure lasting 150 days after the Supreme Court struck down 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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Trump Blasts Past Original Tariff Vow After Supreme Court Ruling
WASHINGTON — President Donald Trump announced on Saturday that he will hike his worldwide tariffs to 15% after a “complete review” of the Supreme Court decision blocking his tariffs on Friday.“Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement …
·Nashville, United States
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Coverage Details
Total News Sources757
Leaning Left122Leaning Right112Center173Last UpdatedBias Distribution42% Center
Bias Distribution
- 42% of the sources are Center
42% Center
L 30%
C 42%
R 28%
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