President Trump increases global tariffs to 15% after Supreme Court decision
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.
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