Trump latest: President says he will raise new global tariff rate to 15%

[Smithy]

Donald Trump has said the new global tariff rate on imports to the US will be 15%, not the 10% he previously announced. It's the maximum rate he can impose under existing legislation after the Supreme Court ruled his previous levies were illegal.



Follow the latest - https://news.sky.com/story/trump-latest-tariffs-snubbed-by-supreme-court-13509871

 

[Yvonne Smith]

It is ridiculous what the Supreme Court is doing, because they can’t tell the president how to run the country. Their decision didn’t help them any, and in fact it will probably set up an investigation on who (and what countries) are pressuring the court justices to make decisions like this, which are to the detriment of Americans .
I would not be surprised if at least one justice does not end up stepping down after this ruling.

People just never seem to learn that our president is going to do what is best for Americans, and if they are going to tariff the United States, then we are going to tariff them right back, until they want to make a deal and lower their tariffs.
I think that The goal for President Trump is to have all the countries lower tariffs, which would make living easier for people everywhere if things were not tariffed to make them more expensive.

 

[Nancy Hart]

Mr. Trump had the easy choice to stop the tariffs, blame the Supreme Court, and claim how much better the economy would have been if only the tariffs had remained. He refused to do it.

Hopefully 10% 15% tariffs, which he likely cannot tinker with day to day, whenever someone disses him, may be easier to plan for, for small businesses and others. It can only last for 5 months before Congress has to approve an extension. Right through the Republican Congressional primaries. It will be interesting to watch.