Trump Increases Global Tariffs to 15% After Court Ruling

President Donald Trump announced a 15% increase in global import tariffs following a Supreme Court ruling that struck down his previous tariffs. Initially set at 10%, these tariffs are imposed under Section 122 of the 1974 Trade Act and can remain in place for five months without congressional approval. Countries like the UK and Australia, which had provisional deals, now face these tariffs. While Trump criticized the Supreme Court's decision as anti-American, reactions from business leaders and international figures varied, with several expressing concerns over global trade stability.