Fears of Economic Chaos After Trump Raises Tariffs to 15%

United States’ trading partners around the world have begun assessing new levels of uncertainty amid fears of financial and economic chaos, following President Donald Trump's pledge to impose new import tariffs.اضافة اعلان

Hours after the Supreme Court struck down a package of sweeping tariffs imposed at the start of his second term, Trump announced he would implement new duties on imports from all countries starting Tuesday. These tariffs, initially set for a 150-day period under a different legal authority, were first proposed at 10% before Trump abruptly raised them to 15% with "immediate effect."

Writing on his social media platform, Truth Social, Trump stated that following the court's "very anti-American" decision, he decided to raise import duties "to the full level allowed."

This decision has prompted economists to warn of potential further escalations, threatening global financial instability. — Agencies