US President Donald Trump said on Saturday he is raising the worldwide tariffs on goods entering the United States from 10 per cent to 15pc “effective immediately,” a day after the Supreme Court largely struck down his sweeping duties.
Trump said on his Truth Social platform that after a thorough review of Friday’s “extraordinarily anti-American decision” by the court to rein in his tariff programme, the administration was hiking the import levies “to the fully allowed, and legally tested, 15pc level”.
“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again — GREATER THAN EVER BEFORE,” he said in his post.
Infuriated by the court’s ruling, Trump on Friday ordered an immediate 10pc tariff on all imports, in addition to any existing tariffs.
The law allows him to impose a levy of up to 15pc for 150 days, although it could face legal challenges.
More to follow
