Trump Raises Global Tariffs to 15% After Supreme Court Defeat

Donald Trump increased the global tariff baseline to 15% after the USA Supreme Court struck down his previous framework as unconstitutional.Trade Representative Jamieson Greer defended the policy on ABC News, stating that existing agreements with the EU and UK will remain in effect.The administration utilized Section 122 of the 1974 Trade Act to implement the new levies following the loss of broader emergency powers.Critics including Christine Lagarde and Gavin Newsom warned of economic disruption while companies demand the return of $133 billion.