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US President Donald Trump has announced the United States will increase baseline tariffs on imports from all countries to 15%, as the fallout continues from a seismic Supreme Court ruling on Friday.
Trump had imposed sweeping “reciprocal tariffs” last year under an Emergency Powers Act, but the court ruled this law did not authorize him to do so.
Speaking in the wake of the ruling on Friday, Trump admonished the justices of the Supreme Court. He called the Democratic justices who ruled against the tariffs a “disgrace to the nation.”
He also said he felt “ashamed” of…
