President Donald Trump has announced that he will raise global tariffs from 10% to 15%, a move he described as “effective immediately.” The decision c
President Donald Trump has announced that he will raise global tariffs from 10% to 15%, a move he described as “effective immediately.” The decision comes just one day after the U.S.
The Supreme Court struck down his earlier use of emergency powers to impose broad import taxes.
Trump, posting on Truth Social, argued that many countries have been “ripping the U.S. off for decades” and insisted that the new tariff level is legally permissible under a different trade provision.
This announcement underscores his determination to continue reshaping global trade despite legal setbacks.
The Supreme Court’s ruling was a significant blow to Trump’s economic agenda, as it invalidated his reliance on the International Emergency Economic Powers Act to justify sweeping tariffs.
In response, Trump quickly pivoted to another legal mechanism that allows him to impose tariffs temporarily—about five months—before requiring congressional approval.
His defiance of the court’s decision highlights the tension between the executive branch and the judiciary over trade authority, and it raises questions about how sustainable these tariffs will be without legislative backing.
Economists and trade analysts warn that the increase to 15% could deepen market uncertainty. Tariffs of this scale affect not only foreign exporters but also American businesses and consumers who rely on imported goods.
Critics argue that higher tariffs could drive up costs domestically, strain supply chains, and provoke retaliatory measures from trading partners.
Supporters, however, see the move as a way to protect American industries and pressure foreign governments into renegotiating trade terms more favourable to the U.S.
The broader implications of Trump’s tariff escalation are global. Countries that export heavily to the U.S. may seek alternative markets or retaliate with their own tariffs, potentially sparking trade disputes.
Meanwhile, Congress will soon face pressure to weigh in, as the legal provision Trump invoked requires legislative approval after a limited period.
Whether lawmakers support or resist his plan will determine if these tariffs remain a cornerstone of U.S. trade policy or become another flashpoint in the ongoing debate over America’s role in the global economy.
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