President Donald Trump announced that he will raise the temporary global tariff rate on U.S. imports from 10% to 15%, escalating his trade measures following a Supreme Court ruling against his earlier tariff program.

The increase comes after the high court struck down Trump’s signature tariff initiative, which had been based on an economic emergency law. In response, Trump immediately imposed a 10% tariff on all imports in addition to existing levies.

Under the applicable law, the president may impose tariffs of up to 15% for a period of 150 days — a move that could face additional legal challenges.

“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 US off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump wrote in a social media post.

During the 150-day window, the administration plans to pursue new tariff structures that it says will be “legally permissible.”

(YWN World Headquarters – NYC)