Image Credit: Chip Somodevilla / Staff / Getty Images President Trump will increase his new global tariffs from 10% to 15%, after the Supreme Court struck down his “emergency” tariffs issued under the International Emergency Economic Powers Act (IEEPA).
Trump announced the increase on 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,” he wrote.
He continued by saying his administration would seek new ways of levying tariffs that don’t involve the IEEPA.
“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again – GREATER THAN EVER BEFORE!!!”
After the Supreme Court’s 6-3 majority ruling on Friday, Trump immediately announced a global 10% tariff using Section 22 of the Trade Act of 1974.
Tariffs issued under the Trade Act can reach 15% for a maximum of 150 days to address “large and serious” trade deficits.
President Trump called the ruling “deeply disappointing” and said he was “ashamed” of some of the judges.
“I’m ashamed of certain members of the court—absolutely ashamed for not having the courage to do what’s right for our country.”
He also said there are a number of other methods available to implement tariffs, such as Sections 122, 201, and 301 of the Trade Act of 1974 and Section 338 of the Tariff Act of 1930.
“The good news is that there are methods, practices, statutes, and authorities, as recognized by the entire court in this terrible decision, and also recognized by Congress, which they refer to, that are even stronger than the IEEPA tariffs available to me as president of the United States,” Trump said.
Treasury Secretary Scott Bessent reacted to the decision by saying revenue projections will not be affected by having to issue tariffs under new authority.
“Treasury’s estimates show that the use of Section 122 authority, combined with potentially enhanced Section 232 and Section 301 tariffs, will result in virtually unchanged tariff revenue in 2026,” Bessent said.