Summary
President Donald Trump announced he is raising global tariffs to 15%, up from his previous announcement of 10%. This decision follows a Supreme Court ruling stating he didn't have the emergency power to impose widespread tariffs. Trump plans to use an executive order to impose these temporary tariffs for 150 days.
Key Facts
- President Trump announced a global tariff increase to 15%.
- The Supreme Court ruled Trump lacked emergency power for broad tariffs.
- Trump used an executive order to impose a 10% tariff, starting February 24.
- The temporary tariff can last 150 days without legislative extension.
- Trump plans to find new ways to implement other tariffs.
- Trump criticized multiple Supreme Court justices who ruled against him.
- Trump praised Justice Brett Kavanaugh for his dissenting opinion.
