US president had said he would raise levy to 15% after last week’s supreme court ruling

Trump had said he would raise levy to 15% after last week’s supreme court ruling

Donald Trump’s new global tariffs have taken effect at 10%, even though he had threatened a higher rate of 15% over the weekend, providing “some relief” for British businesses, according to a lobby group.

After the US president suffered a defeat at the hands of the supreme court on Friday, which struck down his sweeping “liberation day” tariffs imposed last year, he angrily reacted by announcing a 10% global tariff, which he raised to 15% on Saturday in a post on his social media platform Truth Social.

According to a notice from the US customs agency, “an additional 10% ad valorem duty on imported articles of every country” has been imposed for a period of 150 days from Tuesday, unless specifically exempt.

  • Pyr@lemmy.ca
    5·
    2 months ago

    After 150 days can he just reimpose it or is there a cooldown period before he can trigger it for another 150 days?

    • bbbbbbbbbbb@lemmy.world
      4·
      2 months ago

      Im sure there are no guardrails or limitations. I feel like if congress shot down the tariffs he could just implement them again

    • Carnelian@lemmy.world
      12·
      2 months ago

      In the supreme court ruling one of the dissenting judges said something like “whatever, trump can just implement the tariffs in this particular different way” and trump on truth social was like “hey that’s a great idea i’ll do that” so here we are

      • DomeGuy@lemmy.world
        13·
        2 months ago

        Trump had been saying that long before Kavenaugh’s dissent.

        Based on the reporting I think beer-guy didn’t so much as say “Nah, just let him tarrif” as he did either "the ruling is moot and we shouldn’t bother " or "“we should have major-questioned it all and killed those other ways too”.

        My hope is the latter, since SCOTUS has plenty of chances to change their mind and they all knew which way the ruling was going before any dissent (should have) been started.