Trump Now Says Global Tariff Will Be 15%, Not 10%

Core Points - President Trump announced an increase in the worldwide tariff rate from 10% to 15%, effective immediately, as a response to a Supreme Court ruling he criticized [1][2] - The Supreme Court's 6-3 decision stated that the president does not have the authority to impose tariffs under the International Emergency Economic Powers Act, limiting presidential power in this area [3][7] - Public opinion is shifting against Trump's tariff policies, with 60% of Americans supporting the Supreme Court's decision and many linking tariffs to rising consumer prices [8][4] Economic Impact - Trump's tariff strategy has been met with skepticism, as official figures indicated a 95% increase in the trade deficit by November 2025, contradicting claims of improvement [5] - Economists estimate that nearly 90% of the costs associated with tariffs are borne by U.S. companies and consumers rather than foreign exporters [6] - A Pew Research survey found that 53% of U.S. adults believe Trump's policies have negatively impacted the economy, with inflation and tariffs cited as major concerns [4] Political Context - The upcoming midterm elections may influence how candidates address trade and inflation, particularly in light of the Supreme Court ruling and public sentiment regarding consumer costs [9]