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US Treasury Secretary Scott Bessent says President Donald Trump’s global tariffs are likely to jump to 15% this week. Trump imposed a 10% universal levy, threatening to hike the rate to 15%, after the Supreme Court struck down his “reciprocal” tariffs.

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00:00The U.S. Treasury Secretary says President Donald Trump's global tariffs are likely to jump to 15% this week.
00:06Trump imposed a 10% universal levy, threatening to hike the rate to 15% after the U.S. Supreme
00:12Court struck down his reciprocal tariffs.
00:15Taiwan negotiated a trade deal with the U.S. last month, but it remains unclear whether this will go into
00:21effect.
00:21The Trump administration says it's looking into alternative legal options to bring tariffs back to the levels they were at
00:28before the Supreme Court ruling.
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