US President Donald Trump has moved to rebuild his trade agenda after a Supreme Court setback. His administration introduced a new 10 percent tariff on imports this week. The measure will last 150 days and may rise to 15 percent.
The tariff excludes goods covered by the US-Mexico-Canada Agreement. It also spares sectors under separate probes, including steel, aluminum, and autos. US Trade Representative Jamieson Greer said the policy ensures continuity. He told Fox Business the rate could rise further for some partners.
A uniform 15 percent tariff would affect countries like Britain. Several trading partners have avoided retaliation. The European Union, Japan, and South Korea secured reduced US car tariffs, down from 25 percent to 15 percent. Former trade official Ryan Majerus said those exemptions discourage escalation.
The administration plans broader tariffs under Section 232 of the Trade Expansion Act. This law allows action on national security grounds. Section 301 of the Trade Act may also be used to counter unfair trade practices. Trump relied on that authority during his first term to target China.
Meanwhile, US importers are seeking refunds on past tariffs. The Supreme Court ruling did not address those claims. Greer said lower courts will determine the refund process. Analysts warn companies may not pass refunds to consumers, as higher prices already reflect tariff costs.
