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Trump raises global tariffs to 15% one day after Supreme Court decision

President Trump said on Saturday that he would hike global tariffs to 15%, one day after the Supreme Court ruled a bulk of import taxes were illegal.

Why it matters: The administration moved swiftly to replace the tariffs scrapped by the nation's highest court. Now Trump is upping the ante by raising the tariffs to the highest limit allowed under a separate trade law.


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