US tariffs could rise to 15% or more after supreme court blow, trade representative says

Jamieson Greer warns tariffs may climb from 10% after Trump imposed global levy amid US supreme court setbackThe US tariff rate for some countries will go up to 15% or higher from the newly-imposed 10%, Jamieson Greer, the US trade representative, said on Wednesday, without naming any specific trading partners or other details.“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 in an interview on Fox Business Network’s Mornings with Maria program. Continue reading...