Politics

/

ArcaMax

Trump says he will increase global tariffs to 15% from 10%

Wendy Benjaminson, María Paula Mijares Torres, Bloomberg News on

Published in Political News

President Donald Trump said he will increase the global 10% tariff he announced one day ago to 15% as he lashed out at the U.S. Supreme Court over its ruling that his mechanism for applying tariffs was illegal.

“I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump said in a social media post on Saturday.

Hours after the court’s ruling on Friday, Trump imposed a 10% global tariff on foreign goods, moving to preserve his trade agenda.

Trump is applying the new baseline tariff under Section 122 of the 1974 Trade Act, which allows the president to impose tariffs for 150 days without congressional approval. Securing that approval could prove challenging, as Democrats and some Republicans have opposed elements of his trade policy.

The initial 10% tariffs Trump announced on Friday were scheduled to go into effect on Feb. 24 at 12:01 a.m. ET, according to a White House fact sheet. He is set to deliver the State of the Union address to Congress that evening in Washington. Trump’s post on Saturday didn’t go into details on timing on the increased tariffs.

The Supreme Court ruled 6-3 Friday that Trump had acted unlawfully in using a longstanding federal emergency powers statute to justify his “reciprocal” tariffs. Last April, he relied on the International Emergency Economic Powers Act to levy duties ranging from 10% to 50% on dozens of U.S. trading partners.

The White House and U.S. Trade Representative’s office didn’t immediately respond to requests for comment.

Trump said Friday he would maintain a flat 10% tariff while keeping in place existing duties imposed under Sections 301 and 232, and ordered the U.S. trade representative to launch new Section 301 investigations on an accelerated timeline.

 

Those probes require country-specific inquiries and findings of trade violations before tariffs can be imposed, and could eventually replace the baseline rate. He is also weighing tariffs of 15% to 30% on foreign cars, while preserving exemptions for goods and certain agricultural products under a trade agreement among the U.S., Mexico and Canada.

“We expect these investigations to cover most major trading partners and to address areas of concern such as industrial excess capacity, forced labor, pharmaceutical pricing practices, discrimination against U.S. technology companies and digital goods and services, digital services taxes, ocean pollution and practices related to the trade in seafood, rice, and other products,” U.S. Trade Representative Jamieson Greer said in a statement Friday.

The Supreme Court decision raises fresh questions about revenue that already has been collected on tariffs. More than 1,500 companies had filed tariff lawsuits in trade court in preparation for the ruling, according to a Bloomberg analysis.

The court ruling didn’t address whether importers are entitled to refunds, leaving the matter to lower courts — a potential exposure of up to $170 billion, or more than half the revenue raised by Trump’s tariffs. Trump criticized the justices for not offering guidance, but Treasury Secretary Scott Bessent said tariff revenue is expected to remain “virtually unchanged” in 2026 despite the ruling.

———

(With assistance from Catherine Lucey.)


©2026 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.

 

Comments

blog comments powered by Disqus

 

Related Channels

The ACLU

ACLU

By The ACLU
Amy Goodman

Amy Goodman

By Amy Goodman
Armstrong Williams

Armstrong Williams

By Armstrong Williams
Austin Bay

Austin Bay

By Austin Bay
Ben Shapiro

Ben Shapiro

By Ben Shapiro
Betsy McCaughey

Betsy McCaughey

By Betsy McCaughey
Bill Press

Bill Press

By Bill Press
Bonnie Jean Feldkamp

Bonnie Jean Feldkamp

By Bonnie Jean Feldkamp
Cal Thomas

Cal Thomas

By Cal Thomas
Clarence Page

Clarence Page

By Clarence Page
Danny Tyree

Danny Tyree

By Danny Tyree
David Harsanyi

David Harsanyi

By David Harsanyi
Debra Saunders

Debra Saunders

By Debra Saunders
Dennis Prager

Dennis Prager

By Dennis Prager
Dick Polman

Dick Polman

By Dick Polman
Erick Erickson

Erick Erickson

By Erick Erickson
Froma Harrop

Froma Harrop

By Froma Harrop
Jacob Sullum

Jacob Sullum

By Jacob Sullum
Jamie Stiehm

Jamie Stiehm

By Jamie Stiehm
Jeff Robbins

Jeff Robbins

By Jeff Robbins
Jessica Johnson

Jessica Johnson

By Jessica Johnson
Jim Hightower

Jim Hightower

By Jim Hightower
Joe Conason

Joe Conason

By Joe Conason
John Stossel

John Stossel

By John Stossel
Josh Hammer

Josh Hammer

By Josh Hammer
Judge Andrew P. Napolitano

Judge Andrew Napolitano

By Judge Andrew P. Napolitano
Laura Hollis

Laura Hollis

By Laura Hollis
Marc Munroe Dion

Marc Munroe Dion

By Marc Munroe Dion
Michael Barone

Michael Barone

By Michael Barone
Mona Charen

Mona Charen

By Mona Charen
Rachel Marsden

Rachel Marsden

By Rachel Marsden
Rich Lowry

Rich Lowry

By Rich Lowry
Robert B. Reich

Robert B. Reich

By Robert B. Reich
Ruben Navarrett Jr.

Ruben Navarrett Jr

By Ruben Navarrett Jr.
Ruth Marcus

Ruth Marcus

By Ruth Marcus
S.E. Cupp

S.E. Cupp

By S.E. Cupp
Salena Zito

Salena Zito

By Salena Zito
Star Parker

Star Parker

By Star Parker
Stephen Moore

Stephen Moore

By Stephen Moore
Susan Estrich

Susan Estrich

By Susan Estrich
Ted Rall

Ted Rall

By Ted Rall
Terence P. Jeffrey

Terence P. Jeffrey

By Terence P. Jeffrey
Tim Graham

Tim Graham

By Tim Graham
Tom Purcell

Tom Purcell

By Tom Purcell
Veronique de Rugy

Veronique de Rugy

By Veronique de Rugy
Victor Joecks

Victor Joecks

By Victor Joecks
Wayne Allyn Root

Wayne Allyn Root

By Wayne Allyn Root

Comics

John Deering Pat Bagley Mike Beckom A.F. Branco Drew Sheneman Dick Wright