President Donald Trump said on Saturday he will raise a temporary tariff from 10 per cent to 15 per cent on US imports from all countries, the maximum level allowed under the law, after the US Supreme Court struck down his previous tariff programme.
The move came less than 24 hours after Trump announced a 10% across-the-board tariff on Friday after the court's decision. The ruling found the president had exceeded his authority when he imposed an array of higher rates under an economic emergency law.
The new levies are grounded in a separate but untested law, known as Section 122, that al