
Stocks Market
Trump Escalates Global Tariff to 15% Amid Supreme Court Ruling
Former U.S. President Donald Trump announced on Saturday that his newly‑imposed global customs levy will jump from 10 % to 15 % with immediate effect. The move follows a U.S. Supreme Court decision that nullified much of the tariff framework introduced by the current administration, stating that an economic emergency cannot be used without clear congressional authority. Trump used his Truth Social platform to declare the increase, criticized the Court as “deeply disappointing,” and hinted that alternative measures are ready. The Court’s 6‑to‑3 ruling clarifies that the 1977 statute cited by the administration does not waive the need for explicit congressional approval for such tariffs.
Listen to this article
Unlock audio versions of premium articles and more with a Pro subscription.
President Trump Raises Global Tariff to 15%
On Saturday, former U.S. President Donald Trump announced an immediate increase of his newly‑imposed worldwide customs levy from 10% to 15%.
The announcement came a day after the U.S. Supreme Court struck down a large portion of the tariff regime introduced by the current administration, ruling that the President cannot invoke an “economic emergency” without clear congressional authorization.
Trump posted the decision on his social platform, Truth Social, stating: “As President of the United States, I am raising the global tariff from 10% … to the fully authorized level of 15%, effective immediately.”
In a press conference the previous day, Trump described the Court’s ruling as “deeply disappointing” and claimed his administration has “alternative measures.” He also accused the justices of yielding to “foreign influences.”
The Court, in a 6‑to‑3 vote, held that the 1977 statute cited by the administration – which permits the executive to act on an “economic emergency” without prior congressional approval – does not excuse the President from obtaining a clear congressional mandate.
The decision applies to the “reciprocal” tariffs announced by the White House, but not to sector‑specific duties on automobiles, steel or aluminium.