He took to Truth Social to announce the new tariffs
Donald Trump has announced he will up the global tariffs to 15 per cent after the Supreme Court struck down his previous import taxes.
The latest tariffs are up from those Trump announced just last night, declaring that there would be a 10% global tariff on “all countries”. After the court ruled he did not have the emergency power to impose many sweeping tariffs, Trump signed an executive order on Friday night that enabled him to bypass Congress and impose the 10pc tax.
Trump’s “reciprocal tariffs”, imposed on most of the rest of the world last April under an emergency powers law, were overturned by the US Supreme Court on Friday (February 20) in a blow to the president’s economic agenda. Speaking last night, Trump said he was “absolutely ashamed” of justices who voted to strike down his tariffs and called the ruling “deeply disappointing”.
Under the order Trump signed on Friday night, the 10pc tariff was scheduled to take effect from February 24.
Click here to prioritise Manchester news in Google from the MEN
The tariffs can only remain in place for around five months, 150 days, before the administration must seek congressional approval before they can be extended. The tariffs will be the maximum amount allowed by US law.
In a post on Truth social today, Trump wrote: “Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10pc 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, 15pc level.
“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again – GREATER THAN EVER BEFORE!!! Thank you for your attention to this matter. President DONALD J. TRUMP”
In addition to the temporary tariffs, the president said on Friday that he was also pursuing tariffs through other sections of federal law which require an investigation by the Commerce Department.
Earlier today, Sir Ed Davey has insisted that the UK Government should sue US President Donald Trump for $100 billion for damages caused to the UK by trade tariffs.
The Lib Dem leader branded Mr Trump the “most dangerous, damaging US president of modern times” as he welcomed a “brilliant” decision by the US Supreme Court on Friday which struck down trade tariffs imposed by the president last April.
Sir Ed told the Scottish Liberal Democrats conference that the UK Government should now take legal action against the White House.


