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

Taxpayer risk cited after Bears stadium bill stalls

Taxpayer risk cited after Bears stadium bill stalls

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Bears stadium legislation is stalled after questions arose about a potentially unpopular tax structure and financial...
Illinois Quick Hits: General Assembly approves CTE bill

Illinois Quick Hits: General Assembly approves CTE bill

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A bill offering career technical education classes as an alternative to Illinois’ foreign language mandate is headed...
Amended scooter, e-bike bill heads to governor

Amended scooter, e-bike bill heads to governor

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly has passed a bill to regulate e-bikes, scooters and other micromobility devices, but...
Washington insiders: Social media more influential than traditional media, but few trust it

Washington insiders: Social media more influential than traditional media, but few trust it

By ByTom JoyceThe Center Square Social media has passed traditional media in influence among Washington policy and political insiders, according to a new survey. However, few of those insiders trust...
Ceasefire being tested as U.S., Iran continue to exchange fire

Ceasefire being tested as U.S., Iran continue to exchange fire

By Sarah Roderick-FitchThe Center Square For the third time in a little over a week, the U.S. and Iran exchanged fire, adding more strain to the nearly two-month-long ceasefire. U.S....
Supreme Court declines to hear COVID-19 vaccine case

Supreme Court declines to hear COVID-19 vaccine case

By Andrew RiceThe Center Square The U.S. Supreme Court on Monday declined to hear a case challenging Washington state's COVID-19 vaccine mandate for healthcare workers. The case, Curtis v. Inslee,...
Supreme Court agrees to hear prisoner release case

Supreme Court agrees to hear prisoner release case

By Andrew RiceThe Center Square The U.S. Supreme Court agreed on Monday to hear a case over whether a federal prisoner can petition to expedite a prison sentence under federal...
New Jersey city faces curfew after violent anti-ICE demonstrations

New Jersey city faces curfew after violent anti-ICE demonstrations

By Chris WadeThe Center Square A nighttime curfew remains in effect outside of a New Jersey ICE detention center Monday after days of violent confrontations with demonstrators that prompted Gov....
Property tax-free Bears deal fails to pass

Property tax-free Bears deal fails to pass

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois legislative session has ended with no stadium deal for the Chicago Bears. House Bill 958...
Illinois Quick Hits: Loyola student's alleged killer charged with new felony

Illinois Quick Hits: Loyola student’s alleged killer charged with new felony

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Late Loyola University student Sheridan Gorman’s alleged killer has been charged with possessing a 6-inch shank in...
$55.9 billion budget includes new taxes, 'no property tax relief'

$55.9 billion budget includes new taxes, ‘no property tax relief’

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – The Illinois General Assembly has voted to approve a record-high budget for fiscal year 2027, with new...
Illinois to require bell-to-bell student phone ban in public schools

Illinois to require bell-to-bell student phone ban in public schools

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Legislation to ban the use of cell phones by students from bell-to-bell officially passed both chambers in...
Election 2026: Stumps heavy with economy, crime in U.S. Senate race

Election 2026: Stumps heavy with economy, crime in U.S. Senate race

By Alan WootenThe Center Square Democrat and fifth decade politician Roy Cooper’s campaign to succeed Sen. Thom Tillis, flipping one of 53 seats in the U.S. Senate, is locked in...
Quintuple fatal in Virginia renews focus on English language in CDL licensures

Quintuple fatal in Virginia renews focus on English language in CDL licensures

By Alan WootenThe Center Square Jing Dong, a U.S. citizen after immigrating from China, will be charged with involuntary manslaughter in the quintuple fatal crash early Friday morning, State Police...
Everyday Economics: Jobs report to test how long consumers can keep carrying economy

Everyday Economics: Jobs report to test how long consumers can keep carrying economy

By Orphe DivounguyThe Center Square The jobs report is the main event this week. But the real question is bigger than payrolls. Can household spending keep holding up when the...