President Donald Trump said he will increase the global 10% tariff he announced one day ago to 15%, in reaction to the US Supreme Court’s ruling that his mechanism for applying tariffs was illegal.
“I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump said in a social-media post on Saturday.
Hours after the Supreme Court ruling on Friday, Trump imposed a 10% global tariff on foreign goods, moving to preserve his trade agenda.
This story was originally featured on Fortune.com
Hence then, the article about trump says he will increase global tariffs to 15 from 10 was published today ( ) and is available on Fortune ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Trump says he will increase global tariffs to 15% from 10% )
Also on site :
- Inside Iran’s Preparation for War and Plans for Survival
- I tried Harry Styles’s favourite shoes as a mid-40s dad – my daughter was horrified
- Kid Rock Predicts God Will ‘Cut Down’ Journalists for Reporting (Accurately) That He Is Charging Up to $5,000 for Tour Tickets