Jamieson Greer warns tariffs may climb from 10% after Trump imposed global levy amid US supreme court setback

After the Supreme Court ruling, Trump said he would impose new levies of 15% on goods entering the US.

U.S. allies and partners like the U.K. and the European Union facing higher tariffs but countries like Brazil, China and India get a reprieve.

US allies will suffer the biggest hit from the president's latest announcement, think tank Global Trade Alert says.

The White House is set to impose a 15 percent tariff through Section 122 after the US Supreme Court ruled against Trump.

The president threatened to raise the tariff to 15% but has not yet issued an official directive to increase the rate.

US president had said he would raise levy to 15% after last week’s supreme court ruling

A 10% levy has been put in place, but the US leader has other economic ‘bazookas’ he can fire in his trade battle

Jamieson Greer warns tariffs may climb from 10% after Trump imposed global levy amid US supreme court setback