#NewGlobalUS15%TariffComingThisWeek The new 15% global tariff is expected to kick in this week, according to US Treasury Secretary Scott Besent. This increase from the current 10% tariff was announced by President Donald Trump after the Supreme Court struck down his previous global tariffs. The 15% tariff is set to last for up to 150 days, unless extended by Congress.

Key Details:

_Current Rate:_ 10% global tariff

_New Rate:_ 15% global tariff

_Duration:_ Up to 150 days

_Next Steps:_ The administration will explore other laws to implement levies, with studies from the USR on Section 301 and from Commerce on Section 232

The tariff increase is part of Trump's efforts to rebuild his trade agenda after a major legal setback. The administration aims to return US duty rates to their prior levels within five months.

Would you like to know more about how this tariff change might affect specific industries or countries?