President Donald Trump on Monday threatened countries around the world to abide by any tariff deals they agreed to despite the U.S. Supreme Court ruling that struck down many of his far-reaching taxes on imports. And he said he wants a global tariff of 15%, up from 10% he had announced immediately after the ruling.
The court's Friday decision struck down tariffs Trump had imposed on nearly every country using an emergency powers law. But the Republican president won't let go of his favorite tool for rewriting the rules of global commerce and applying international pressure.
''Any Country that wants to ''play games'' with the ridiculous supreme court decision, especially those that have ''Ripped Off'' the U.S.A. for years, and even decades, will be met with a much higher Tariff, and worse, than that which they just recently agreed to,'' Trump posted Monday on Truth Social.
One of Trump's executive orders says he can bypass Congress and impose a 10% tax on imports from around the world starting Tuesday, the same day as his State of the Union speech.
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US builds up largest force of warships and aircraft in the Middle East in decades
The Pentagon build up, including two aircraft carrier strike groups, is happening as President Donald Trump warns of possible military action against Iran if talks over its nuclear program fall apart.
Trump likely will have a host of military options. They could include surgical attacks on Iran's air defenses or strikes focused on Supreme Leader Ayatollah Ali Khamenei.