US EditionTrump says he will raise global tariffs from 10% to 15% after Supreme Court setback
Following a Supreme Court ruling invalidating his emergency tariff powers, President Trump raised the global import tariff to 15%, the legal maximum for a 150-day period.
- Following the Supreme Court ruling, President Donald Trump imposed a 15% global tariff under Section 122, which can last 150 days unless Congress extends it.
- Citing the major questions doctrine, the U.S. Supreme Court ruled 6-3 that the IEEPA did not grant broad tariff authority, prompting legal shifts.
- Researchers projected the new tariffs would cost the average U.S. household between $600 and $800, with effective tariff rates shifting from 16% to 9.1% then 13.7%.
- With the 150-day temporary limit in place, the U.S. Supreme Court's ruling has increased legal and political tensions, creating urgency for Congress to act quickly.
- By citing Sections 232 and 301, the administration appears to plan longer-term restructuring, and Alan Wolff of the Peterson Institute for International Economics said no previous president used Section 122 for broad tariffs, calling it unusual.
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What the Supreme Court’s tariff ruling really changed
As expected, the Supreme Court struck down the bulk of Donald Trump's sweeping “Liberation Day” tariffs as illegal … and almost nothing changed.Don't get me wrong, last Friday’s 6-3 decision that the International Emergency Economic Powers Act (IEEPA) doesn’t allow the president to impose tariffs at will was a significant defeat for the White House. Rebukes of a sitting president's signature policy are extraordinarily rare in American history. T…
The new global 15 percent tariff imposed by U.S. President Donald Trump came into effect this Tuesday as a Republican's temporary alternative after the Supreme Court invalidated much of its tax scheme. Trump made the announcement last Friday at a press conference in the White House, where he criticized the Supreme Court's "ridiculous" decision that invalidated the "reciprocal" tariffs and other measures taken under the International Emergency Po…
Trump Blasts Past Original Tariff Vow After Supreme Court Ruling
WASHINGTON — President Donald Trump announced on Saturday that he will hike his worldwide tariffs to 15% after a “complete review” of the Supreme Court decision blocking his tariffs on Friday.“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 …
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