Trump raises global tariff rate to 15%, but crypto markets are unfazed
US President Donald Trump is now using alternative legal routes to levy tariffs, but critics say his authority to impose them is still limited.
Last updated: 2026-02-23 01:08:07 ET
US President Donald Trump is now using alternative legal routes to levy tariffs, but critics say his authority to impose them is still limited.
The president is turning to an untested legal authority to rebuild his global tariff regime.
The move signaled that the president would press ahead with steep global import taxes despite the legal setback from the Supreme Court.
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