News

Wed Feb 25

Trump hikes global tariffs to 15% as the fallout from Supreme Court loss continues

Written by Felicity Deane, Professor of Trade Law and Taxation, Queensland University of Technology

A steel worker walks beside steel coils in a factory

US President Donald Trump has announced the United States will increase baseline tariffs on imports from all countries to 15%, as the fallout continues from a seismic Supreme Court ruling on Friday.

Trump had imposed sweeping “reciprocal tariffs” last year under an emergency powers act, but the court ruled this law did not authorise him...

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