United States president Donald Trump raises the global tariff on imports from 10% to 15% under emergency powers that permit the measure for up to 150 days
United States president Donald Trump raises the global tariff on imports from 10% to 15% under emergency powers that permit the measure for up to 150 days after the Supreme Court ruled yesterday that a 1977 law does not authorize the imposition of his earlier country-specific tariffs. The administration states that the new rate applies broadly, with exemptions for certain sectors and goods covered by existing trade agreements.
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United States president Donald Trump raises the global tariff on imports from 10% to 15% under emergency powers that permit the measure for up to 150 days after the Supreme Court ruled yesterday that a 1977 law does not authorize the imposition of his earlier country-specific tariffs. The administration states that the new rate applies broadly, with exemptions for certain sectors and goods covered by existing trade agreements.