Donald Trump ups global tariffs to 15% after lashing out at 'anti-American' Supreme Court ruling

Donald Trump has announced he is raising global tariffs to 15 per cent, following a Supreme Court setback.

America's final arbiter declared in a 6-3 ruling on Friday that most of Donald Trump's tariffs slapped onto imports entering the US were illegal - a judgement which the President has slapped down as "disgraceful".

After the Republican held a press conference to announce a 10 per cent global tariff, brazenly declaring "I can do whatever I want," he has now announced the five per cent increase.

The US President said: "Based on a thorough, detailed, and complete review of the ridiculous, poorly written, and extraordinarily anti-American decision on Tariffs issued yesterday, after many months of contemplation, by the United States Supreme Court, please let this statement serve to represent that I, as President of the United States of America, will be, effective immediately, raising the 10 per cent 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, and legally tested, 15 per cent level.

"During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs, which will continue our extraordinarily successful process of Making America Great Again - greater than ever before. Thank you for your attention to this matter".

MORE TO FOLLOW...

LATEST DEVELOPMENTS