US tariffs could rise to 15% or more after supreme court blow, trade representative says

"Right now, we have the 10% tariff. It'll go up to 15 [%] for some and then it may go higher for others, and I think it will be in line with the types of tariffs we've been seeing."

"According to a notice from the US customs agency: an additional 10% ad valorem duty on imported articles of every country has been imposed for a period of 150 days from Tuesday, unless specifically exempt."

The US trade representative announced that tariff rates will escalate from the current 10% baseline to 15% for certain countries, with potential increases beyond that threshold. This announcement follows a Supreme Court decision that invalidated the president's previous sweeping tariffs imposed last year. In response, a 10% global tariff was implemented across all countries for 150 days unless specifically exempted. The administration has previously indicated intentions to raise tariffs to 15% through public statements. FedEx has filed a lawsuit against the US government seeking tariff refunds following the Supreme Court's decision.

Read at www.theguardian.com