United States President Donald Trump has doubled down on his new global tariffs, raising them from 10 percent to 15 percent, days after the Supreme Court struck down his sweeping levies on imports.
The move on Saturday came as businesses and governments around the world sought repayment for the estimated $133bn that Washington has already collected.
In a post on his Truth Social platform, Trump announced the raise “effective immediately” and said the move was based on a review of the “ridiculous, poorly written and extraordinarily anti-American decision” issued by the Supreme Court on Friday.
By a six-to-three vote, the court had ruled that it was unconstitutional for Trump to unilaterally set and change tariffs, because the power to tax lies with the US Congress.
The court’s decision struck down tariffs that Trump had imposed on nearly every country using an emergency powers law, known as the International Emergency Economic Powers Act (IEEPA).
Trump railed against the majority justices as “fools and lapdogs” in a news conference after the ruling, calling them an “embarrassment to their families”. He quickly signed an executive order – resting on a different statute, Section 122 of the Trade Act of 1974 – to impose the blanket 10 percent tariff, starting on Tuesday.
The 15 percent hike announced on Saturday is the highest rate allowed under that law.
However, those tariffs are limited to 150 days unless they are extended by Congress. No president has previously invoked Section 122, and its use could lead to further legal challenges.
It was not immediately clear whether an updated executive order was forthcoming.
The White House said the Section 122 tariffs include exemptions for certain products, including critical minerals, metals and energy products, according to the Reuters news agency.
The move on Saturday came as businesses and governments around the world sought repayment for the estimated $133bn that Washington has already collected.
In a post on his Truth Social platform, Trump announced the raise “effective immediately” and said the move was based on a review of the “ridiculous, poorly written and extraordinarily anti-American decision” issued by the Supreme Court on Friday.
By a six-to-three vote, the court had ruled that it was unconstitutional for Trump to unilaterally set and change tariffs, because the power to tax lies with the US Congress.
The court’s decision struck down tariffs that Trump had imposed on nearly every country using an emergency powers law, known as the International Emergency Economic Powers Act (IEEPA).
Trump railed against the majority justices as “fools and lapdogs” in a news conference after the ruling, calling them an “embarrassment to their families”. He quickly signed an executive order – resting on a different statute, Section 122 of the Trade Act of 1974 – to impose the blanket 10 percent tariff, starting on Tuesday.
The 15 percent hike announced on Saturday is the highest rate allowed under that law.
However, those tariffs are limited to 150 days unless they are extended by Congress. No president has previously invoked Section 122, and its use could lead to further legal challenges.
It was not immediately clear whether an updated executive order was forthcoming.
The White House said the Section 122 tariffs include exemptions for certain products, including critical minerals, metals and energy products, according to the Reuters news agency.