On Friday night, #Trump had set that tariff at 10%, using a provision in a #law that allows him to impose an across-the-board tariff for 150 days unless #Congress agrees to extend it.
“I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, & legally tested, 15% level,” Trump wrote on Truth Social.