CNA938 Rewind - Trump hikes global tariff rate to 15% in response to Supreme Court ruling
President Donald Trump raised the global US import tariff to 15% on Saturday – just a day after the US Supreme Court struck down much of his earlier tariff program as illegal. Trump said the new 15% rate is “fully allowed and legally tested,” replacing an initial 10% plan, and is temporary under existing trade law for 150 days. How enforceable is this? And what happens after the 150 days? Andrea Heng and Hairianto Diman speak with Angela Mancini, Partner and Head of the Global Risk Analysis Practice, Asia Pacific, Control Risks, to find out more.