LIVE: Donald Trump Raises Global Tariffs On US Imports To 15% From 10% | Firstpost
US President Donald Trump has announced a fresh hike in tariffs, raising import duties to 15% from the earlier 10%. The new tariff rate, which is legally allowable for up to 150 days, marks a renewed push to reinforce his hardline trade policy. The move comes shortly after the US Supreme Court blocked Trump’s sweeping tariff measures in a February 20 verdict that he called an “extraordinarily anti-American decision.” The White House said that exemptions will remain in place for pharmaceutical products and goods covered under the US-Mexico-Canada trade pact, and sectors currently under separate investigations. The court’s verdict and the latest tariff hike have triggered global reactions. US trade partners, including India and the European Union, said they are studying the implications of the court ruling. German Chancellor Friedrich Merz indicated he would consult allies to shape a unified European response. Meanwhile, Brazilian President Luiz Inacio Lula da Silva urged Trump to treat all nations equally.---
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