Feb 23 (Reuters) – U.S. President Donald Trump’s administration is considering new national security tariffs on a half-dozen industries after a Supreme Court decision last week that invalidated many of his second-term levies, the Wall Street Journal reported on Monday. The new tariffs, to be issued under Section 232 of the Trade Expansion Act of […]
U.S.
Trump considers new national security tariffs after Supreme Court ruling, WSJ reports
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Feb 23 (Reuters) – U.S. President Donald Trump’s administration is considering new national security tariffs on a half-dozen industries after a Supreme Court decision last week that invalidated many of his second-term levies, the Wall Street Journal reported on Monday.
The new tariffs, to be issued under Section 232 of the Trade Expansion Act of 1962, would be separate from a 15% global levy Trump announced on Saturday, the report said, citing people familiar with the plans.
Reuters could not immediately confirm the report. The White House did not immediately respond to a Reuters request for comment.
The U.S. Supreme Court last week struck down Trump’s sweeping tariffs that he pursued under a law meant for use in national emergencies. In response, Trump imposed a temporary tariff of 10% on U.S. imports from all countries before raising it to 15%.
The new levies could cover industries like large-scale batteries, cast iron and iron fittings, plastic piping, industrial chemicals and power grid and telecom equipment, the report added.
(Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Nia Williams)