WASHINGTON: U.S. President Donald Trump has raised global tariffs to 15%, escalating trade measures days after the Supreme Court struck down his earlier emergency import taxes.
Trump announced the increase from a 10% levy in a post on Truth Social on Saturday, February 21. He made the move after the Supreme Court ruled that he had exceeded his authority by imposing global tariffs last year under the 1977 International Emergency Economic Powers Act.
Responding to the ruling, Trump described it as a “thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday.”
The Supreme Court issued its decision on Thursday, February 19, stating that Trump overstepped presidential powers when he invoked emergency authority to enforce the import duties.
Under Trump’s latest order, the new 15% tariffs will take effect on Tuesday, February 24. However, he can enforce them for only about five months before seeking congressional approval under the trade law he is invoking, which has never been used before in this manner.
The ruling marks the first time during Trump’s second term that the conservative-majority Supreme Court has ruled against his broad use of executive power. Two of Trump’s own appointees, Justices Neil Gorsuch and Amy Coney Barrett, joined the majority opinion.