Feb 23 • 20:37 UTC 🇫🇷 France France24

Trump says he’ll raise tariffs to 15% after Supreme Court ruling

Former President Donald Trump announced plans to increase tariffs to 15% following a recent Supreme Court ruling.

In response to a recent Supreme Court ruling, former President Donald Trump declared his intention to raise tariffs to 15%. This announcement comes amid ongoing discussions regarding trade policies and their implications for the economy. Trump’s assertion reflects his administration's earlier emphasis on protectionist measures, which aimed to bolster American industries by imposing higher tariffs on foreign goods.

The Supreme Court ruling, while not directly related to tariffs, has significant implications for future trade negotiations and economic strategies. Trump's proposed tariff increase is likely to reignite debates about the effectiveness of such policies in terms of economic growth versus potential backlash from trade partners. Experts on trade are divided on whether increased tariffs will ultimately strengthen domestic industries or lead to higher prices for consumers and strained international relations.

As the political landscape shifts with upcoming elections, Trump's tariff announcement not only represents a policy initiative but also a calculated move to rally his base by tapping into sentiments of nationalism and economic sovereignty. The potential impact on markets and reactions from key stakeholders, including business leaders and foreign governments, will be closely monitored as the situation develops.

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