Trump to raise US global tariff from 10 to 15% after Supreme Court ruling

US President Donald Trump has announced an increase in the global tariff from 10% to 15%. This decision follows a ruling by the US Supreme Court that blocked many of his emergency tariffs. The move comes as businesses are seeking repayment for the estimated $133 billion that the Trump administration has already collected through these tariffs. The European Union (EU) has responded to Trump's tariff increase by insisting that "a deal is a deal," emphasizing the importance of honoring existing trade agreements. The EU's executive branch has expressed concerns regarding the implications of the tariff hike, particularly in light of the Supreme Court's decision that has affected Trump's trade agenda. The tariff increase has been reported by multiple news outlets, including Fox News and The Boston Globe, which noted that the adjustment is part of Trump's ongoing efforts to salvage his trade agenda. The Boston Globe specifically highlighted that the increase to 15% follows the Supreme Court's ruling, which has significant implications for Trump's approach to international trade. In summary, the increase in tariffs from 10% to 15% reflects the Trump administration's response to legal challenges and ongoing negotiations with international partners, particularly the EU, which is urging the US to adhere to its trade commitments.