After court ruling, Trump says US global tariff rate will rise from 10% to 15% - Reuters
After court ruling, Trump says US global tariff rate will rise from 10% to 15% Reuters
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Notable Quotes
"US global tariff rate will rise from 10% to 15%"
— Donald Trump , Politician
"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."
— Donald Trump , Politician
"The biggest poison for the economies of Europe and the US is this constant uncertainty about tariffs."
— Friedrich Merz , Politician
"It is not bad to have a supreme court and, therefore, the rule of law."
— Emmanuel Macron , Politician
"This will be bad for trade, bad for US consumers and businesses, and weaken global economic growth."
— William Bain , Executive
Key People
Former president of the United States known for his aggressive economic policies.
Emmanuel Macron is the President of France.
German Chancellor.
Head of trade policy at the British Chambers of Commerce.
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<a href="https://news.google.com/rss/articles/CBMimgFBVV95cUxPb0JETzNzZUstNjZNaW9XN1FEMjNVaThScS1rWFdlT2VNTVYxck8xY0V3SXlacHJPdVdoaUpVNTZnTkd5T1U2cmFPd25pdVpIUHJFUS1kQXZjQU1peFJQWGJ6aVVtSTRjc2JVS2hKcWpMZXJha3RBVkFzcEVQbWtSX3dxZmdvU3FYYXdYenl4TEwzQmRvVV9DVUR3?oc=5" target="_blank">After court ruling, Trump says US global tariff rate will rise from 10% to 15%</a> <font color="#6f6f6f">Reuters</font>
President Trump announced on Saturday a sharp increase in global tariffs to 15%, one day after the U.S. Supreme Court ruled that a majority of his previous import taxes were illegal under the International Emergency Economic Powers Act.
President announced increase from 10% using different authority from mechanism that supreme court struck down on Friday.
President Donald Trump announced in a Truth Social post Saturday he will raise his 10% global tariffs to 15% after the Supreme Court struck down his sweeping tariffs on almost all countries on Friday.
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