Trump: Raise global tariffs from 10% to 15%

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On February 22, Trump posted a statement saying that yesterday’s Supreme Court ruling on tariffs was absurd and clumsy. I hereby declare that, as President of the United States, I will immediately raise the 10% global tariffs imposed on many countries to a fully legal and legally tested level of 15%. Many of these countries have been “exploiting” the United States for decades without facing any punishment. In the coming months, the Trump administration will identify and announce new legal tariffs, continuing our extraordinary process of making America great again—more great than ever before! Yesterday, Trump signed a new tariff document imposing a 10% import duty on all countries. The announcement states that a 10% import tariff on goods imported into the United States will take effect at 12:01 AM Eastern Standard Time on February 24.

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