Trump raises new global tariff to 15% after ‘anti-American’ Supreme Court ruling

President Donald Trump announced he is raising a new global tariff to 15% following a Supreme Court ruling that invalidated his previous tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The Supreme Court's 6-3 decision stated that the IEEPA cannot be used to enact tariffs. In response, Trump immediately imposed a 10% tariff using Section 122 of the Trade Act of 1974, and then announced the increase to 15%. Trump criticized the Supreme Court's decision as "ridiculous" and "anti-American," suggesting foreign interests may have influenced the justices. He vowed that his administration would issue new, legally permissible tariffs to continue his agenda of "Making America Great Again." The ruling was split, with some justices arguing that the IEEPA does not grant such broad tariff powers, while others contended that it does, and that other statutes might still justify the tariffs. Trade partners are now awaiting further developments as the Trump administration determines the specifics of the new tariffs.