US President Donald Trump announced on Saturday a new increase in tariffs imposed on imports, raising the rate from 10% to 15% for products from around the world.
He announced the decision through a post on his Truth Social platform, emphasizing that the increase is part of a measure that, as he stated, is “fully permissible and legally protected.” The American president noted that he arrived at this specific percentage after “many months of thinking and evaluation.”
The new tariff policy is expected to impact international trade, while it is estimated that it will cause reactions from both US trading partners and markets.
