The US Capitol Photo: VCG
US President Donald Trump said Saturday local time that he would raise his new global tariff to 15 percent, The New York Times (NYT) reported. The move came a day after the US Supreme Court ruled that the Trump administration’s sweeping tariffs under a law meant for national emergencies were illegal. Following the ruling, Trump claimed he would sign an order imposing a 10 percent global tariff to replace some of the emergency duties struck down by the court, according to Xinhua News Agency.
Multiple outlets, including the Associated Press, described the latest escalation as another sign of Trump’s unpredictable use of tariffs — a tool he frequently deploys to reshape global trade rules and exert international pressure.
The US is deeply intertwined with global trade and supply chains, and the Trump administration’s arbitrary use of tariffs has created…
