Business & Economics
Trump Escalates Post-Ruling Retaliation: Global Tariff Jumps to 15% for 150 Days
Within 24 hours of a 6-3 Supreme Court decision voiding his IEEPA duties, President Trump switched statutes and hiked a hastily announced 10% universal import tax to the Section-122 maximum of 15%, effective immediately and lasting no more than 150 days unless Congress acts.