President Donald Trump said Saturday that he was raising the global tariff he wants to impose to 15%, up from 10% he had announced a day earlier

President Donald Trump upped new tariffs he announced after the Supreme Court ruled against his emergency tariffs on Feb. 20.

President Trump raised his new, global tariffs to 15%, one day after the Supreme Court struck down many of his punishing taxes. Willie James Inman reports on the impact on American businesses and whether there could be refunds issued.

President Donald Trump said Saturday that he’s raising the global tariff rate to 15%, up from the 10% he had announced after the U.S. Supreme Court struck down many of his far-reaching taxes

The move comes after the Supreme Court ruled Trump doesn't have tariff authority under an emergency law but can impose tariffs in other ways.

The president's announcement comes one day after the Supreme Court struck down his sweeping tariffs

The rate, up from the 10% level the president announced a day earlier, is on temporary duties that will replace many of the levies ruled illegal by the Supreme Court.

President Donald Trump announced Saturday he is raising a global tariff to 15% following a ruling this week by the Supreme Court. "Based on a thorough, detailed, and complete review of the ridiculous,