Feb 21 • 16:58 UTC 🇮🇹 Italy Il Giornale

Trump presses on and relaunches: "Global tariffs at 15% with immediate effect"

Despite a Supreme Court ruling, U.S. President Trump plans to impose immediate global tariffs of 15% on various countries he claims have taken advantage of the United States for decades.

U.S. President Donald Trump has announced his decision to implement a global 15% tariff, effective immediately, on multiple countries he alleges have economically harmed the United States for decades. This move comes despite a recent ruling from the Supreme Court that could potentially complicate his tariff plans. Trump contends that certain nations have profited at America's expense without facing consequences until his administration took office.

The announcement signals a continuation of Trump's aggressive trade policy, which has been a cornerstone of his administration. By framing the tariff as a necessary response to years of exploitation, Trump aims to resonate with his political base, who often view trade imbalances as a significant issue. The immediate implementation of these tariffs indicates a lack of patience regarding the complexities of global trade relations, suggesting that Trump's administration is willing to breach conventional approaches to international trade.

Critics of this decision argue it could lead to a range of retaliatory measures from affected countries, potentially resulting in a trade war that might impact the global economy. Moreover, the effectiveness of such tariffs in rescuing struggling industries and reviving American manufacturing remains debatable, as analysts warn they may instead increase prices for consumers and exacerbate existing economic tensions between the U.S. and its trading partners.

📡 Similar Coverage