Trump to Raise Global Tariffs From 10% to 15% Following Supreme Court Ruling

President Trump announced on Feb. 22 that he will increase the existing 10% global tariff to 15%, calling the previous day's U.S. Supreme Court ruling on tariffs "absurd and poorly conceived," BlockBeats reports. He said his administration will identify and announce additional lawful tariffs in the coming months. Trump signed a tariff document on Feb. 21 imposing a 10% import levy on all countries, with the measure applying to goods imported within 150 days and taking effect at 00:01 EST on Feb. 24.