Trump 15% global tariff: President Donald Trump wants to impose 15% tariff, up from 10% he announced after Supreme Court ruling
Share this @internewscast.com

WASHINGTON — In a notable policy shift, President Donald Trump announced on Saturday his intent to increase the global tariff from the originally proposed 10% to 15%. This decision comes only a day after his initial announcement.

The President communicated his decision via social media, citing a “thorough, detailed, and complete review” of what he described as a “ridiculous, poorly written, and extraordinarily anti-American decision on tariffs” rendered by the U.S. Supreme Court.

After the court’s ruling, which restricted his emergency powers to impose broad tariffs, Trump took action by signing an executive order late Friday. This order allows him to bypass Congress and impose a 10% tax on global imports. However, these tariffs are temporary, with a lifespan of 150 days unless extended by legislative means.

Trump’s latest announcement to escalate import taxes underscores his determination to continue using tariffs as a strategic economic tool, despite judicial checks on his powers. His unpredictable tariff policy over the past year has frequently unsettled markets and strained international relations, with abrupt changes in tariff rates causing widespread uncertainty.

According to the executive order signed on Friday, the 10% tariff was slated to begin on February 24. As of now, the White House has not responded to requests for clarification on when the updated 15% tariff order will be signed.

In addition to the temporary increase to 15%, Trump indicated on Friday that he is also exploring other tariff options under federal law, which would necessitate an investigation by the Commerce Department.

Share this @internewscast.com
You May Also Like
Anti-ICE agitator tries to block SUV at DTLA federal building

Protester Attempts to Halt ICE SUV at Downtown Los Angeles Federal Building

Downtown Los Angeles experienced another night of unrest, marked by bold confrontations…
Here's What Iran Just Said About the Strait of Hormuz - It Sounds Like a Huge Cave After Trump Threat

Iran’s Bold Response to Trump: Unveiling New Strategies for the Strait of Hormuz

In a bold and controversial move, President Donald Trump authorized U.S. military…
Billionaire Uber co-founder reveals he’s bolted California for Texas

Why Uber Co-Founder Ditched California for Texas: A Billionaire’s Bold Move

Travis Kalanick, the co-founder of Uber, has announced his move from California…
American flag raised at US Embassy in Venezuela for the 1st time since 2019

Historic Moment: American Flag Flies Again at US Embassy in Venezuela After 4-Year Hiatus

In a significant development, the American flag was hoisted over the US…
Jasmine Crockett’s alleged security guard killed in standoff with Dallas SWAT team: reports

Tragic Turn of Events: Jasmine Crockett’s Security Guard Fatally Shot in Dallas SWAT Standoff

Authorities reported a dramatic standoff in Dallas on Wednesday night, resulting in…
Protesters torch Communist Party HQ in Cuba as video appears to capture gunfire

Fiery Uprising in Cuba: Communist Party HQ Set Ablaze Amidst Gunfire and Protests

In a dramatic turn of events in Cuba, demonstrators targeted a Communist…
College friend remembers ODU shooting victim Lt. Col. Brandon Shah in moving tribute: 'He loved the Army'

College Friend Honors ODU Shooting Victim Lt. Col. Brandon Shah in Heartfelt Tribute: ‘His Passion for the Army Was Unwavering

Lt. Col. Brandon Shah, an ROTC instructor at Old Dominion University, was…
Brutal moment Access Hollywood staff told show was canceled

Access Hollywood Staff Informed of Show’s Cancellation in Surprising Announcement

The team behind “Access Hollywood” was caught off guard by the announcement…
Headless, handless body found on New York road 56 years ago identified through DNA; killer remains unknown

DNA Breakthrough: Identity of 56-Year-Old New York Cold Case Victim Finally Uncovered, Killer Still at Large

In a breakthrough development, authorities have identified the headless and handless body…
Brothers break self-imposed 40 years of silence after sister was murdered by serial killer

Heartbreaking Reunion: Brothers End 40-Year Silence to Seek Justice for Sister’s Serial Killer Case

For forty years, the Logan brothers, John and David, who both served…
Jewish school bombed in Amsterdam as antisemitic violence rocks the country

Bombing Targets Jewish School in Amsterdam Amid Surge in Antisemitic Incidents Across the Country

In the early hours of Saturday, two individuals on a motor scooter…
NYC straphanger shoved onto tracks after trying to break up fight at Manhattan subway station

Heroic Act Turns Tragic: NYC Commuter Pushed onto Tracks While Stopping Subway Altercation

In a disturbing incident on Saturday, a 35-year-old man was pushed onto…