Trump Administration Considers 15% Global Tariffs as Stopgap Measure

The TRUMP administration is weighing the use of emergency legal authority to impose 15% tariffs on large segments of the global economy for up to 150 days. This move, reported by The Wall Street Journal, could escalate the US-China trade war and reshape international market dynamics. No final decision has been made, but the administration may delay implementation pending legal challenges to existing tariffs.

Trade talks between the US and China remain stalled, adding uncertainty to global markets. The proposed tariffs would mark a significant shift in trade policy, with potential Ripple effects across multiple sectors. A federal appeals court recently reinstated some of Trump’s earlier tariffs after a trade court ruling blocked them, further complicating the timeline for new measures.