Washington: Donald Trump has announced a plan to increase a broad range of import tariffs to 15 percent following a recent ruling by the Supreme Court of the United States that strengthened executive authority over trade measures.
The decision marks a significant shift in U.S. trade policy and is aimed at expanding the scope of existing levies on foreign goods. Administration officials said the move is intended to protect domestic industries, reduce trade imbalances, and encourage companies to bring manufacturing back to the United States.
Under the new plan, higher tariffs are expected to apply across multiple sectors, including consumer goods, industrial equipment, and electronics. The White House said the increase would be rolled out in phases to allow businesses time to adjust and prevent sudden supply chain disruptions.
Supporters of the policy argue that stronger tariffs will boost American production and employment while reducing dependence on overseas suppliers. However, business groups and trade experts have warned that higher import costs could be passed on to consumers in the form of higher prices and may trigger retaliatory measures from trading partners.
Global markets reacted cautiously to the announcement, with investors monitoring possible responses from major exporters and international trade bodies. Several countries have signaled they may seek consultations or challenge the decision through trade dispute mechanisms.
The administration said it would continue to negotiate with key partners but stressed that the tariff hike is part of a broader strategy to reset global trade rules in favor of U.S. workers and industries.
Further details on the implementation schedule and affected products are expected to be released in the coming days.
