"President Donald Trump said he will increase the global 10% tariff he announced one day ago to 15%, in reaction to the US Supreme Court's ruling that his mechanism for applying tariffs was illegal."
"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 allowed, and legally tested, 15% level,"
"Hours after the Supreme Court ruling on Friday, Trump imposed a 10% global tariff on foreign goods, moving to preserve his trade agenda."
President Donald Trump said he will raise a previously announced 10% global tariff to 15% and make the change effective immediately. The increase follows a United States Supreme Court ruling that found his mechanism for applying tariffs to be illegal. Trump announced the change in a social-media post stating that many countries have been 'ripping' the U.S. off for decades and that 15% is fully allowed and legally tested. Hours after the court ruling, Trump had imposed a 10% global tariff on foreign goods to preserve his trade agenda. The adjustment raises the overall level of U.S. global tariffs as a direct response intended to maintain trade pressure despite the legal setback.
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