Trump says US can hold tariffs at 15% for five months
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United States President Donald Trump on Tuesday said that Washington could maintain global tariffs at 15% for up to five months.
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Speaking at a press conference, Trump also said that his administration “will be coming out with different tariffs on different countries” during this time.
In April 2025, Trump imposed tariffs on dozens of countries, including India, claiming that these countries imposed high tariffs on US goods. The levies were eventually reduced once bilateral trade deals had been agreed to, including in the case of India.
However, the US Supreme Court on February 20 struck down global tariffs imposed by Trump, ruling in a 6:3 verdict that he had exceeded his authority. The judges said that the 1977 International Emergency Economic Powers Act that Trump had invoked “does not authorise the president to impose tariffs”.
After the Supreme Court decision, Trump imposed a temporary 10% tariff on goods imported into the US, citing his authority under the 1974 Trade Act. The new tariff rate is for a maximum of 150 days, unless the US Congress approves an extension.
Additionally, Trump on February 21 said that he was also increasing the tariffs to the “fully allowed, and legally tested” level of 15% from 10% with immediate effect. However, it is unclear as to when the increased tariff rate would take effect.
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