Trump Announces Potential Five-Month Extension of 15% US Tariffs with Country-Specific Plans
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Trump Announces Potential Five-Month Extension of 15% US Tariffs with Country-Specific Plans

US President Donald Trump stated that his administration can maintain tariffs at 15% for up to five months, while planning to introduce country-specific tariffs during this period. This follows the Supreme Court's February ruling that struck down his global tariffs as exceeding presidential authority under the 1977 International Emergency Economic Powers Act. Trump cited alternative legal routes for imposing duties and defended tariffs as beneficial to the US economy, though the timing and details of new tariffs remain unclear.

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