Trump increases global tariffs to 15% from 10%

United States President Donald Trump on Saturday said he was increasing global tariffs to 15% from 10%, a day after the US Supreme Court struck down most of the levies he had imposed last year.

In a social media post, Trump said that he was increasing the tariffs to the “fully allowed, and legally tested, 15% level” with immediate effect.

However, it was unclear as to when the increased tariff rate would take effect as the original 10% rate announced by the White House on Friday was to be enforced on February 24.