
Trump says he will increase global tariffs to 15%
After most of his tariffs were outlawed on Friday, Trump announced new global tariffs of 10% - which he says he has now increased to 15%.
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After most of his tariffs were outlawed on Friday, Trump announced new global tariffs of 10% - which he says he has now increased to 15%.
President Donald Trump announced Saturday he is raising a global tariff to 15% following a ruling this week by the Supreme Court. "Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that 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," Trump wrote on Truth Social.
President Trump has immediately raised the previously announced 10% worldwide tariff to 15%, a day after imposing the baseline levy on global trade, sharply escalating his administration’s tariff push. In a post on Truth Social, Trump said the higher rate would apply to countries he accused of having “ripped” the United States off for decades and framed the move as a response to a recent Supreme Court decision on tariffs.
United States President Donald Trump has doubled down on his new global tariffs, raising them from 10 percent to 15 percent, days after the Supreme Court struck down his sweeping levies on imports.
President Donald Trump announced plans to raise the global tariffs to 15% after the Supreme Court struck down a set of sweeping global tariffs.
President Donald Trump said Saturday that he was raising the global tariff he wants to impose to 15%, up from 10% he had announced a day earlier.
President Trump said on Saturday that he is going to raise his global tariff to 15%, up from 10% he imposed on Friday, after the Supreme Court struck down a set of sweeping global tariffs.
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