Trump Announces New Global Tariffs — What It Means for Trade
U.S. President Donald Trump has announced a new 15% global import tariff on goods entering the United States, just one day after the Supreme Court ruled that much of his previous tariff program was illegal. The tariff replaces the earlier 10% duty and is being implemented under a different trade law that allows a temporary levy of up to 15% for 150 days. �
Business Standard +1
Trump called the decision to raise tariffs “fully allowed and legally tested,” responding to the court’s limitation on his authority, and said his administration would explore other “legally permissible” ways to continue trade measures. �
Business Standard
This move has created global trade uncertainty, with many countries monitoring how it will affect international agreements and market dynamics. �
Al Jazeera
Stay tuned for how this policy unfolds and impacts global commerce in the coming months. #TrumpNewTraiffs