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Trump Raises Global Tariffs to 15% Despite Supreme Court Ruling

In Trump Raises Global Tariffs to 15% Despite Supreme Court Ruling, we examine the latest escalation in US trade policy after President Donald Trump increased global tariffs from 10 percent to 15 percent, just days after the Supreme Court struck down his earlier import levies.

The six-to-three ruling determined that the president cannot unilaterally impose or modify tariffs, emphasizing that the constitutional power to tax lies with Congress. Despite the decision, Trump announced the higher tariffs as “effective immediately,” criticizing the court’s judgment and signaling a continued push to assert executive authority in trade matters.

The move comes as businesses and governments worldwide seek repayment of an estimated 133 billion dollars already collected under previous tariffs. This development sets the stage for a renewed legal confrontation, potential congressional action, and broader economic consequences for global markets and US trade relations.

Key topics covered include Supreme Court authority, executive powers, US trade policy, global tariff increases, economic impact on businesses, international response, constitutional debate, and the future of American trade strategy.

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Transcript
00:00U.S. President Donald Trump has raised his new global tariffs from 10% to 15%.
00:06This change comes just days after the Supreme Court ruled against his previous sweeping import levies.
00:14He announced the increase as effective immediately.
00:18Trump criticized the court's 6-3 decision.
00:22The court found it unconstitutional for the president to unilaterally impose and modify tariffs.
00:30He stated that taxation powers rest with Congress.
00:34The ruling struck down tariffs introduced under the International Emergency Economic Powers Act.
00:41This law is traditionally used during national emergencies.
00:46Meanwhile, businesses and governments worldwide seek repayment of an estimated $133 billion already collected.
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