Trump's tariffs set to rise to 15% for some countries, Greer says

Trump’s tariffs set to rise to 15% for some countries, Greer says

Spread the love

The Trump administration signaled a possible climb in some U.S. tariffs above 10%, but provided few specifics.

Jamieson Greer, the U.S. trade representative, said Wednesday that the 10% tariff on imported goods was likely to increase.

“Right now, we have the 10% tariff. It’ll go up to 15% for some and then it may go higher for others, and I think it will be in line with the types of tariffs we’ve been seeing,” Greer said on Fox Business’ “Mornings with Maria.”

Trump first announced a 10% global tariff hours after the Supreme Court struck down his tariffs under a 1977 law last week. The next day, he said he would raise that global rate to 15%.

The 10% global tariff Trump signed on Friday went into effect at 12:01 a.m. Tuesday. A bulletin from U.S. Customs and Border Protection said that Trump’s executive order imposed an additional 10% ad valorem duty. The duty applies to imported articles of every country for 150 days under Section 122 of the Trade Act of 1974, with exceptions.

Before the Supreme Court’s ruling on Friday, the United Kingdom paid the lowest import duties at 10%. Most other nations faced higher rates, including the European Union, Japan, Indonesia and others.

Greer told Bloomberg TV that the White House was preparing to raise the temporary tariffs to 15% “where appropriate.”

Kevin Hassett, director of the National Economic Council of the United States, told reporters that tariffs would remain a key part of Trump’s economic agenda, even after the ruling.

“The tariffs are not going back to zero,” he said. “That’s not going to happen.”

The Yale Budget Lab found that consumers faced an overall average effective tariff rate of 16% before the Supreme Court ruling. After the ruling, it fell to 9.1%, then climbed back to 13.7% when Trump imposed Section 122 tariffs. The Yale Budget Lab also estimated that the Section 122 tariffs would mean a loss of between $600 and $800 for the average U.S. household.

The Supreme Court, split 6-3, ruled that the International Emergency Economic Powers Act didn’t give Trump expansive tariff powers. Justices Clarence Thomas, Brett Kavanaugh and Samuel Alito dissented.

“The Framers gave ‘Congress alone’ the power to impose tariffs during peacetime,” Chief Justice John Roberts wrote for the majority.

Leave a Comment





Latest News Stories

Another Mexico-Canada-US northern border smuggling ring busted

Another Mexico-Canada-US northern border smuggling ring busted

By Bethany BlankleyThe Center Square Another human smuggling ring has been busted at the U.S.-Canada border. Three Mexican nationals, all men, pleaded guilty to multiple human smuggling charges in the...
Fetterman tells Congress to hurry up and 'make weed legal'

Fetterman tells Congress to hurry up and ‘make weed legal’

By John ColeThe Center Square U.S. Sen. John Fetterman, D-Pa., and over a dozen of his colleagues in the upper chamber have re-upped their calls to end the federal ban...
Mamdani backs off threat to arrest Netanyahu

Mamdani backs off threat to arrest Netanyahu

By Chris WadeThe Center Square New York City Mayor Zohran Mamdani is backing off threats to arrest Israeli Prime Minister Benjamin Netanyahu when he visits the city in September for...
Expected Colorado River pact seen as step in right direction

Expected Colorado River pact seen as step in right direction

By Liam HibbertThe Center Square Multi-year plans for how states will reduce Colorado River water intake could be nearing an agreement, with a federal plan expected to be released in...
U.S. House passes govt funding stopgap to avoid shutdown

U.S. House passes govt funding stopgap to avoid shutdown

By Thérèse BoudreauxThe Center Square The U.S. House passed a short-term continuing resolution to keep government funding on cruise control past the looming Oct.1 shutdown date, sending the bill over...
Illinois news in brief: House Democrat joins calls to release Benton report; State EV rebate program to begin Aug. 1; Member of armed robbery crew gets 15 years in prison

Illinois news in brief: House Democrat joins calls to release Benton report; State EV rebate program to begin Aug. 1; Member of armed robbery crew gets 15 years in prison

By Jim Talamonti | The Center SquareThe Center Square House Democrat joins calls to release Benton report An Illinois House Democrat has joined Republicans calling for the release of the...
Grijalva, Butierez headed for rematch in congressional race

Grijalva, Butierez headed for rematch in congressional race

By Zachery SchmidtThe Center Square Arizona’s 7th Congressional District will have another showdown between U.S. Rep. Adelita Grijalva, D-Goodyear, and Republican Daniel Butierez Sr. Both of these candidates ran unopposed...
Biggs wins Arizona gubernatorial primary with 71.5% of vote

Biggs wins Arizona gubernatorial primary with 71.5% of vote

By Zachery SchmidtThe Center Square U.S. Rep. Andy Biggs defeated U.S. Rep. David Schweikert in the Arizona Republican primary for governor Tuesday. With 7% of Arizona precincts reporting, Biggs, R-Gilbert,...
Trump endorsements score wins for Arizona candidates

Trump endorsements score wins for Arizona candidates

By Andrew RiceThe Center Square Congressional candidates in Arizona sailed to victory with endorsements from President Donald Trump on Tuesday. Trump’s endorsement in the primary election played a key role...
Republicans advance bill to make Trump border policy permanent

Republicans advance bill to make Trump border policy permanent

By Thérèse BoudreauxThe Center Square A bill to codify President Donald Trump’s border security and immigration policy is headed to the U.S. House floor after Republicans advanced it out of...
Trump admin investigates five medical schools over DEI

Trump admin investigates five medical schools over DEI

By Esther WickhamThe Center Square The U.S. Department of Education’s Office for Civil Rights launched investigations Tuesday into five medical schools nationwide to determine whether their admissions practices violate Title...
Ethics complaint alleges District 214 used tax dollars for poll polling

Ethics complaint alleges District 214 used tax dollars for poll polling

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A suburban school district is facing an ethics complaint over the alleged use of taxpayer resources to...
Lawyer: Billionaire tax could cost California $1 trillion

Lawyer: Billionaire tax could cost California $1 trillion

By Madeline ShannonThe Center Square In an effort to escape the proposed California billionaire tax, several notable billionaires might have already cost the state more than $1 trillion in tax...
Hegseth defends Trump's request for $67B to fund Iran conflict

Hegseth defends Trump’s request for $67B to fund Iran conflict

By Thérèse BoudreauxThe Center Square Trump administration officials are working to convince U.S. lawmakers to support the White House’s request for $88 billion in new spending, mostly to finance the...
Official: Agreement could come soon on Colorado River

Official: Agreement could come soon on Colorado River

By Joelle WebbThe Center Square A federal water distribution and management plan may come out soon regarding the Colorado River, a University of Colorado at Boulder water official told The...