Trump Increases Global Tariffs to 15% After Supreme Court Defeat

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Donald Trump increased the global tariff baseline to 15% after the USA Supreme Court ruled his previous use of emergency powers was unconstitutional.The move comes after official data revealed the 2025 goods trade deficit reached a record $1.24T and the manufacturing sector lost 80,000 jobs.Major business groups are demanding the return of $133B in collected taxes as the UK faces new tariffs and the EU considers pausing trade deals.Jamieson Greer defended the strategy while preparing for Donald Trump to meet with Xi Jinping next month to discuss global market stability.
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