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 on imports. The judgement could open the door to refund claims potentially worth tens of billions of dollars. Within hours of the ruling, Trump appeared before reporters and announced a new round of tariffs, signalling that his trade agenda would move forward despite the setback.

He insisted that key national security and trade-related tariffs would continue without interruption. Clearly angered by the court’s decision, Trump described the verdict as deeply disappointing and accused some justices of lacking courage. Despite the legal challenge, Trump maintained that the ruling would not slow his efforts to reshape US trade policy. He argued that he now has stronger alternatives available to generate revenue and pursue his economic strategy.