White House Raises Temporary Global Duty to 15% After High Court Rebuke, Leaving Legal and Market Questions Open
President Trump announced a temporary 15% global tariff under a 1974 trade statute after the Supreme Court struck down his emergency levies. The move follows initial White House messaging that said the duty would be 10%, and comes amid questions about refunds, potential congressional action, and how trading partners will respond. U.S. Customs and B…