Trump admin considering new 15% global tariffs for 150 days: Report
US President Donald Trump's administration is considering imposing 15% temporary tariffs on various goods globally, Wall Street Journal reported. For this, it's reportedly looking into Trade Act of 1974, which allows up to 15% tariffs for 150 days. This comes after the administration faced a setback when a trade court blocked Trump's tariffs, which were later temporarily reinstated.