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President Donald Trump has announced that he will raise global tariffs to 15%, increasing the rate from 10%. In a social media post on Saturday, the president said the higher levy would take effect immediately. The announcement came a day after the Supreme Court struck down a broad portion of his trade agenda in a 6–3 ruling that found he had improperly invoked emergency powers under the International Emergency Economic Powers Act. In response to Friday's decision, Trump imposed a 10% worldwide tariff under Section 122 of the Trade Act of 1974, which permits temporary levies of up to 150 days without congressional approval. He said further "legally permissible" tariffs would be issued in the coming months, while sharply criticising the court's judgment as "anti-American". The White House has yet to clarify the precise timing of the new measures, as the president prepares to address Congress on Tuesday.
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