President Donald Trump said he will raise the worldwide tariffs he imposed Friday from 10% to 15%. Trump made the announcement via Truth Social on Saturday.
“Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after MANY months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” Trump wrote.
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The President added that his administration will determine new and legacy permissible tariffs.
The renewed trade tensions follow a 6-3 Supreme Court decision that struck down Trump’s sweeping tariff policy. The justices said the president overstepped the authority granted under the 1977 International Emergency Economic Powers Act, the statute his administration had cited to justify the measures.
Writing for the majority, Chief Justice John Roberts said the law does not clearly authorize the president to impose tariffs of such breadth and duration, and that sweeping economic powers require explicit approval from Congress.
Trump sharply criticized the ruling, accusing the justices who opposed the tariffs of acting against U.S. interests. He said he would promptly reinstate a 10% tariff on all imports in addition to existing duties.
An analysis by the University of Pennsylvania estimated that importers could seek refunds totaling as much as $175 billion if the government is required to return duties already collected.
In a dissenting opinion, Justice Brett Kavanaugh warned that sorting out potential repayments could prove complicated, noting that the court did not outline how the government should handle reimbursement of billions of dollars in tariff revenue. He was joined in dissent by Justices Samuel Alito and Clarence Thomas, while Justices Amy Coney Barrett, Neil Gorsuch, Ketanji Brown Jackson, Elena Kagan and Sonia Sotomayor sided with Roberts in the majority.
Also on Saturday, the European Union signaled that it is prepared to retaliate against the United States if Washington moves ahead with a new round of tariffs, France’s trade minister, Nicolas Forissier, said on Saturday.
Forissier told the Financial Times that France is coordinating with European Union member states and the European Commission following Trump’s initial announcement of a blanket 10% tariff on imports.
“Should it become necessary, the EU has the appropriate instruments at its disposal,” Forissier said.
According to the Financial Times, French officials said one option under consideration is the EU’s anti-coercion instrument, a mechanism designed to counter economic pressure from third countries. The “trade bazooka” allows the EU to deploy steps such as restricting exports, imposing levies on services or barring foreign firms from public procurement contracts. U.S. technology companies could be among those affected.
