Donald Trump announced on Saturday on social media the increase in global tariffs, which he introduced on Friday after the US Supreme Court decided to outlaw other tariffs introduced less than a year ago. In a post on his Truth social media site, the president called the ruling “absurd, poorly written and extremely anti-American.”
“As President of the United States of America, effective immediately, I will raise 10% global tariffs on countries, many of which have been 'robbing' the US with impunity for decades (until I come along!), to the fully permitted and legally tested level of 15%. – wrote the leader.
Donald Trump added that “over the next few months” his administration “will identify and implement new legally permissible tariffs.” “They will continue our incredibly successful process of making America great again, greater than ever before,” the post reads.
Donald Trump announced a new decision on global tariffsDonald Trump/Truth Social
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What is the new tariff rate set by Donald Trump?
When did Donald Trump announce the tariff increase?
What sections of the Trade Act did Trump invoke?
What does Dr. Marcin Fatalski think about Trump's actions?
Trump changes his mind. Previously he talked about 10 percent.
The US Supreme Court ruled on Friday that most of Donald Trump's tariffs are illegal. “The Supreme Court justices have failed me and are a disgrace to the nation,” Donald Trump immediately responded. The US leader also accused most judges of being “influenced by foreign interests.”
At the same time, the US president announced that he would use a different legal basis to introduce tariffs. He referred to sections 301 and 122 of the Trade Act 1974.
— Today I will sign a regulation imposing a 10% tax. the global section 122 duty rate [dotyczącej zapobiegania nadmiernemu deficytowi handlowemu]higher than our usual customs duties that are already in force, he noted.
The tariffs thus introduced may remain in effect for 150 days unless extended by Congress. – Donald Trump is demonstrating his agency on the American political stage – said Dr. Marcin Fatalski, an Americanist from the Jagiellonian University in Kraków, in an interview with Onet. — He introduces tariffs as an element of pressure on the leaders of other countries. In many cases, this element was successful for America, because the European Union sat down with the US to talk about a new trade agreement, he pointed out.
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