00:00U.S. President Donald Trump has said he will effectively immediately raise the global tariffs
00:05on countries from 10 to 15 percent after the Supreme Court ruled his sweeping tariffs exceeded
00:11presidential authority on Friday.
00:15The ruling dealt a major blow to Trump, striking down what has been one of the biggest pillars
00:20of his economic policy.
00:22The U.S. President seemed unfazed, however, and says with the new levies he plans to introduce,
00:51Trump's tariffs have been in deliberation at the U.S. top court for months.
00:55Six of the nine justices voted to outlaw his sweeping measures, which went into effect
01:01in August.
01:03The ruling puts much of the revenue earned from tariffs in question and also trade deals brokered
01:09by the Trump administration, including the one with the European Union.
01:13.
01:13.
01:15.
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