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    NEWS TRACK: Trump Raises Global Tariff to 15%, Cites Decades of Unfair Trade Practices Worldwide Now

    2 hours ago

    Donald Trump has announced an increase in the United States’ global tariff rate to 15 percent, days after initially declaring a 10 percent baseline duty on imports. The decision marks a sharp escalation in Washington’s trade posture and signals a renewed push toward protectionist economic measures. In a post shared on Truth Social, Trump wrote that several nations had “taken advantage of America for decades,” asserting that the revised tariff structure is designed to restore balance and protect domestic industries. He framed the move as a corrective step to strengthen manufacturing, reduce trade deficits, and prioritize American workers. The announcement follows legal and political debate in the United States, including scrutiny connected to rulings by the Supreme Court of the United States regarding executive trade authority. Global markets are closely monitoring the development, as the tariff hike could impact supply chains, import costs, and diplomatic trade negotiations. Economists warn of possible retaliatory measures from major trading partners.

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