Trump says he will raise global tariffs to 15% after Supreme Court decision
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.
“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,” he wrote in a Truth Social post on Saturday.
Infuriated by the high court’s ruling, Mr. Trump signed a proclamation on Friday that would impose 10% tariffs on most foreign imports to the United States.
This is breaking news. Check back for updates.
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