US President Donald Trump Raises Global Tariffs to 15% After Supreme Court Ruling

Date:

Washington, USA – Web Desk: US President Donald Trump has announced an increase in global tariffs from 10% to 15% following a recent Supreme Court ruling that declared some of his previously imposed tariffs on foreign countries illegal.

Trump stated that several nations included in the tariffs have historically exploited the United States economically. “As President, I am raising the global tariff rate from 10% to 15%,” he said, adding that his administration will determine new, legally permissible tariffs in the coming months.

The Supreme Court had ruled on Friday that the law Trump invoked to impose additional tariffs—intended for national emergencies—does not authorize him to levy these measures on other countries.

In defiance of the ruling, Trump had initially imposed a 10% tariff immediately after the court’s decision and signaled that he remains committed to asserting US economic leverage. He emphasized that global compliance and cooperation would not last indefinitely.

Experts note that this move could escalate trade tensions with several major economies and affect global markets in the coming months.

admin
adminhttps://dailyeveningnews.pk
Daily Evening News is a trusted digital news platform delivering breaking news, latest updates, and in-depth coverage from Pakistan and around the world. We are committed to accurate, timely, and unbiased journalism, keeping our readers informed about politics, business, sports, technology, entertainment, and current affairs

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Babar Azam smashes bat in frustration after scoring 42 in Quaid-e-Azam Trophy

Pakistan's star batter reacts angrily after his dismissal while...

Trump and Netanyahu poster set ablaze at massive Tehran rally

Demonstrators set fire to a giant banner depicting Donald...

Iranian, Saudi foreign ministers discuss regional security and diplomatic efforts

Abbas Araghchi and Prince Faisal bin Farhan review regional...

SECP issues notices to three hajj operators linked to Fazlur Rehman’s Associate

Pakistan's corporate regulator seeks explanations from three Hajj tour...