Trump’s Tariff Threats Meet Diplomatic Push to Preserve Global Trade Deals

After the Supreme Court curtailed his tariff powers, Trump announced a 15% global tariff, but the rate was set at 10% in practice as the administration pressed allies (UK, EU, India, Canada, Korea, Japan) to honor existing deals; behind the scenes, officials pursued a conciliatory approach to avert further setbacks to the trade agenda, while signaling new national-security and country-specific investigations that could trigger additional tariffs later this year.