President Trump escalated global tariffs to 15% following a Supreme Court rebuff, citing Section 122 of the Trade Act to address balance-of-payments deficits. This move, driven by pique, is expected to disrupt global trade and faces potential legal challenges due to inconsistent trade balances with various nations. President Trump escalated global tariffs to 15% following a Supreme Court rebuff, citing Section 122 of the Trade Act to address balance-of-payments deficits. This move, driven by pique, is expected to disrupt global trade and faces potential legal challenges due to inconsistent trade balances with various nations.
