Feb 21 • 17:37 UTC 🇦🇷 Argentina La Nacion (ES)

Donald Trump announces global tariffs of 15% after U.S. Supreme Court setback

Donald Trump has announced a 15% tariff on nearly all U.S. imports following a Supreme Court ruling against his previous tariff program.

President Donald Trump announced on Saturday that he is implementing temporary tariffs of 15% on nearly all imports to the United States, the maximum rate allowed by law, following a Supreme Court decision that questioned his authority under the previous tariff program. This increase comes as a shift from his initial suggestion of a 10% tariff, reflecting a more aggressive stance against countries he claims have been taking advantage of U.S. trade policies for decades.

In his announcement, Trump emphasized his commitment to what he describes as a fairer trade environment, asserting that many countries have 'scammed' the U.S. through unfair trade practices without facing repercussions until his administration took office. The implications of this tariff increase are significant, not only for the global economy but also for specific countries like Argentina, which could face increased costs on U.S. imports, potentially impacting local industries and consumers.

This new tariff policy raises concerns among economists and global trade analysts, who warn that such unilateral trade measures could lead to retaliatory actions from affected countries, further complicating international trade relations. The move accentuates the ongoing tensions between the U.S. and its trading partners and may be viewed as a strategic play ahead of upcoming elections, allowing Trump to highlight his tough trade stance to his voter base.

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