Trump pivots to 15% global tariffs after SCOTUS ruling

TL;DR Summary
President Trump says he will raise the global tariff from 10% to 15% after the Supreme Court voided the prior authority; the 15% levy would be temporary (up to 150 days) under the Trade Act of 1974 and could be expanded under other laws, with analysts noting such tariffs could raise costs for American households (Yale Budget Lab estimates about $1,315 per year).
- Trump says he will raise global tariffs to 15% after Supreme Court decision CBS News
- In tariff case, Supreme Court justices bicker over treating Trump and Biden differently NBC News
- Trump’s New Trade Agenda Is on a Collision Course With Midterms The Wall Street Journal
- Bacon signals Trump’s new tariff order ‘will be defeated’ by Congress The Hill
- Australia will ‘examine all options’ to avoid new 15% tariffs announced by Donald Trump The Guardian
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