No Result
View All Result
  • Login
Tuesday, June 23, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

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

by theadvisertimes.com
4 months ago
in Business
Reading Time: 2 mins read
A A
0
Trump says he will increase global tariffs to 15% from 10%
Share on FacebookShare on TwitterShare on LInkedIn



President Donald Trump said he will increase the global 10% tariff he announced one day ago to 15%, in reaction to the US Supreme Court’s 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 Supreme Court 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. Washington time, according to a White House fact sheet. He is scheduled 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 US trading partners.

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

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.



Source link

Tags: GlobalincreasetariffsTrump
ShareTweetShare
Previous Post

3 Brilliant Growth Stock ETFs to Buy Now and Hold for the Long Term

Next Post

Berkshire was a net seller of stocks in Buffett’s final quarter as CEO

Related Posts

The hidden cost of your AI rollout: burning out the high performers running it

The hidden cost of your AI rollout: burning out the high performers running it

by theadvisertimes.com
June 23, 2026
0

Many employees are burned out. And, increased AI usage and oversight might be making matters worse, especially for top performers,...

US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount

US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount

by theadvisertimes.com
June 23, 2026
0

The Nasdaq and the S&P 500 closed at more than one-week lows on Tuesday, dragged down by sharp losses in...

Cursor CEO turned a Discord server into a talent pipeline to build his B SpaceX-backed AI company

Cursor CEO turned a Discord server into a talent pipeline to build his $60B SpaceX-backed AI company

by theadvisertimes.com
June 23, 2026
0

When SpaceX agreed to buy Cursor for $60 billion, it cemented Michael Truell’s status as one of Silicon Valley’s youngest...

The Human Trafficking Crisis Continues in America

The Human Trafficking Crisis Continues in America

by theadvisertimes.com
June 23, 2026
0

Human trafficking remains a serious problem in the United States. While many people associate trafficking with foreign countries or dramatic...

Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

by theadvisertimes.com
June 23, 2026
0

Pzena Investment Management recently released its first-quarter 2026 commentary for "Pzena Focused Value Strategy." A copy of the letter can...

Tower seeks to raise CEO Ellwanger’s compensation

Tower seeks to raise CEO Ellwanger’s compensation

by theadvisertimes.com
June 23, 2026
0

Tower Semiconductor’s (TASE: TSEM; Nasdaq: TSEM) share price continues to climb, and in the past week the company’s market...

Next Post
Berkshire was a net seller of stocks in Buffett’s final quarter as CEO

Berkshire was a net seller of stocks in Buffett's final quarter as CEO

Joyspun Women’s 2-Piece Pajama Sets as low as .28, plus more!

Joyspun Women’s 2-Piece Pajama Sets as low as $10.28, plus more!

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
6 Hotels Where Chase’s Points Boost Yields 2.5x

6 Hotels Where Chase’s Points Boost Yields 2.5x

May 22, 2026
Understanding risk remains a major investor blind spot: TIAA Institute

Understanding risk remains a major investor blind spot: TIAA Institute

June 5, 2026
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

June 2, 2026
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
9 Best Cheap Cell Phone Plans That Will Save You Money

9 Best Cheap Cell Phone Plans That Will Save You Money

June 3, 2026
Prime Day One: Our Top Favorite 15 Deals!

Prime Day One: Our Top Favorite 15 Deals!

0
Volatility Trigger Explains Why Calm Markets Can Break Violently

Volatility Trigger Explains Why Calm Markets Can Break Violently

0
42% of giving millennials using DAFs, with Gen Z ramping up expected usage

42% of giving millennials using DAFs, with Gen Z ramping up expected usage

0
US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount

US Stock: S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount

0
Coffee Break: Armed Madhouse – Trust Destruction and Nuclear Roulette

Coffee Break: Armed Madhouse – Trust Destruction and Nuclear Roulette

0
Prediction market traders’ expectations for the NY primaries

Prediction market traders’ expectations for the NY primaries

0
42% of giving millennials using DAFs, with Gen Z ramping up expected usage

42% of giving millennials using DAFs, with Gen Z ramping up expected usage

June 23, 2026
The hidden cost of your AI rollout: burning out the high performers running it

The hidden cost of your AI rollout: burning out the high performers running it

June 23, 2026
Prime Day One: Our Top Favorite 15 Deals!

Prime Day One: Our Top Favorite 15 Deals!

June 23, 2026
How to Make Values Real Rather than Rhetoric

How to Make Values Real Rather than Rhetoric

June 23, 2026
Prediction market traders’ expectations for the NY primaries

Prediction market traders’ expectations for the NY primaries

June 23, 2026
The Best Gas Price Savings and Rewards Apps to Battle High Fuel Costs

The Best Gas Price Savings and Rewards Apps to Battle High Fuel Costs

June 23, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • 42% of giving millennials using DAFs, with Gen Z ramping up expected usage
  • The hidden cost of your AI rollout: burning out the high performers running it
  • Prime Day One: Our Top Favorite 15 Deals!
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.