U.S. Tariff Increase Sparks Market Volatility

Trump raises 15% tariffs using Trade Act of 1974 after Supreme Court ruling.
10% tariff started Feb 24, now extended to 15% for 150 days.
Congress and Trump administration will decide next steps post-court decision.
U.S. trade deficit hit $900 billion, affecting global partners like Australia.

Law | Economy | Trade

United States | Australia

Donald Trump | Mike Johnson

2 days ago