Trump Hikes Global Tariffs To 15% From 10%, To Announce New Levies Soon
Donald Trump announced that the United States will immediately raise its worldwide tariff rate from 10% to 15%, calling the new level “legally tested.” His decision follows a 6–3 ruling by the Supreme Court of the United States that struck down his earlier sweeping tariffs, saying he had exceeded his authority. Chief Justice John Roberts wrote that the International Emergency Economic Powers Act does not authorize the imposition of such duties. Trump strongly criticized the verdict on Truth Social and vowed to continue pursuing new, legally permissible tariffs. The move affects countries worldwide, including India. After the court ruling, Indian imports were set to face a reduced 10% tariff, down from 18% under a recent US–India interim trade framework. With the new announcement, Indian goods will now be subject to a 15% tariff, adding fresh uncertainty to global trade relations.