Trump slaps the world with fresh 15% tariffs

In a bold move, U.S. President Donald Trump announced a significant increase in global tariffs from 10% to 15%, effective immediately. This decision follows a recent Supreme Court ruling that struck down Trump's previous tariffs imposed under emergency powers, highlighting the legal challenges surrounding his trade policies. In a statement on Truth Social, Trump accused various countries of exploiting the United States economically for decades and framed the tariff hike as a necessary response to the Supreme Court's decision, which he deemed flawed. The president did not specify which nations would face the increased tariffs, but indicated that this was part of a broader strategy to protect American interests and assert his administration's trade policies. Furthermore, he hinted at the possibility of additional tariff measures in the coming months, reiterating his commitment to revitalizing the American economy. This latest tariff escalation underscores the ongoing tensions in U.S. international trade relations and reflects Trump's confrontational approach to global economic issues, raising concerns about potential retaliatory measures from affected countries. The Supreme Court's ruling has been seen as a significant setback for Trump's economic agenda, which has relied heavily on tariffs as a tool for negotiating trade balances.