February 22, 2026 9:47 AM
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US President Donald Trump Hikes Global Tariffs from 10% to 15% After Court Setback
US President Donald Trump has raised the global tariffs from 10 per cent to 15 per cent after a big setback in the Supreme Court. In a 6-3 decision, the court said the International Emergency Economic Powers Act (IEEPA) does not give a president the power to introduce broad, across-the-board tariffs...