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Breaking News: Trump Hikes Global Tariffs to 15% 📈
President Trump has officially increased the global baseline tariff from 10% to 15% following a major legal setback.
Key Highlights:
Legal Shift: After the Supreme Court struck down previous duties, the White House pivoted to Section 122 of the Trade Act to keep the tariffs in force.
Immediate Effect: The new 15% rate applies to most imports, though energy and pharmaceuticals are currently exempt.
The Goal: The administration aims to slash the trade deficit, generate federal revenue, and protect American manufacturing jobs.
#TrumpTariffs #TradeWar2026 #EconomicUpdate #Section122 #USImports $BTC $USDC $XRP
President Trump has officially increased the global baseline tariff from 10% to 15% following a major legal setback.
Key Highlights:
Legal Shift: After the Supreme Court struck down previous duties, the White House pivoted to Section 122 of the Trade Act to keep the tariffs in force.
Immediate Effect: The new 15% rate applies to most imports, though energy and pharmaceuticals are currently exempt.
The Goal: The administration aims to slash the trade deficit, generate federal revenue, and protect American manufacturing jobs.
#TrumpTariffs #TradeWar2026 #EconomicUpdate #Section122 #USImports $BTC $USDC $XRP
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