Trump Raises Tariffs to 15% Following Supreme Court Rejection

Donald Trump increased import tariffs to 15% after the USA Supreme Court invalidated a previous 10% tax framework in a 6-3 decision.The administration bypassed the judicial ruling by invoking the Trade Act of 1974, triggering a coordinated EU response led by Friedrich Merz and Emmanuel Macron.Mitch McConnell and Chuck Schumer criticized the escalation following warnings of rising consumer prices and legal issues over $133 billion in illegal taxes.The US Congress may be required to vote in July to extend these measures while economic growth slows compared to previous years.