US Poised to Implement 15% Global Tariff This Week
The United States is likely to implement a 15% global tariff this week, according to US Treasury Secretary Scott Bessent. This proposed rate marks a significant increase from the previous 10% figure that had been under discussion.
"The United States is likely to implement a 15% global tariff this week."
This development follows differing statements from President Donald Trump regarding the new tariff rate. The new tariff is intended to replace the IEEPA tariffs, which were previously struck down by the Supreme Court, necessitating a new framework for trade levies.