Trump announces hike in US global tariff rate from 10% to 15% day after Supreme Court ruling - News Summed Up

Trump announces hike in US global tariff rate from 10% to 15% day after Supreme Court ruling


President Donald Trump on Saturday said he is raising the worldwide tariffs on goods entering the United States from 10 percent to 15 percent "effective immediately," a day after the Supreme Court largely struck down his sweeping duties. Trump said on his Truth Social platform that he was making the decision after a "thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday” by the court. He said he was raising the tariffs "to the fully allowed, and legally tested, 15% level." The US Supreme Court on Friday, in a six-three ruling authored by conservative Chief Justice John Roberts, upheld a lower court's decision that Trump's use of a 1977 law to impose tariffs exceeded his authority. The court emphasized that the law on imposing tariffs is only meant for use in national emergencies.


Source: Indian Express February 21, 2026 16:36 UTC



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