Donald Trump Raises Global Tariffs to 15%

Donald Trump, President of the United States, announced an immediate increase in global tariffs from 10% to 15%. This decision follows a ruling by the United States===Supreme Court of the United States that blocked his previous attempt to impose sweeping tariffs under the International Emergency Economic Powers Act. Donald Trump criticized the court's decision as 'ridiculous' and 'anti-American'. The new tariffs are implemented under Section 122 of the Trade Act of 1974, which allows for duties up to 15% for 150 days to address trade deficits. Certain goods, including agricultural products, pharmaceuticals, electronics, vital minerals, and goods from Canada and Mexico, are excluded. The move has drawn criticism from some members of the United States===Republican Party, who believe it will face opposition in Congress.