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Trump Raises Global Tariffs To 15% After Supreme Court Ruling

Agency Report by Agency Report
8 months ago
in News
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US President Donald Trump has increased tariffs to 15%, one day after a US Supreme Court decision struck down his sweeping import taxes.

In a post on Truth Social, Trump wrote that over the next short number of months, the administration would determine and issue the new and legally permissible tariffs.

A former trade negotiator told the BBC it wasn’t a surprise that Trump set global trade levies to the maximum legal rate – but said he expected the president to do it earlier.

On Friday, the president called the Supreme Court’s decision “deeply disappointing”, yesterday, he derided the nation’s top court further, calling the ruling “ridiculous, poorly written, and extraordinarily anti-American.

With a 6-3 majority, the court ruled Trump exceeded his authority when he imposed tariffs via a law reserved for national emergencies, they said he needed congressional approval to impose taxes on imports.

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The Supreme Court’s ruling has diminished Trump’s tariff threat-as-diplomacy tool – but it hasn’t entirely gone away with this decision, wrote the BBC’s Washington correspondent.

Kevin Hassett, director of the US National Economic Council, told Fox News that Trump had said from the beginning that he would have a backup plan if the Supreme Court struck down the tariffs.

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