Trump considering new national security tariffs after Supreme Court ruling

(Patria) - U.S. President Donald Trump's administration is considering new national security tariffs for several industries after a Supreme Court decision last week overturned many of his second-term taxes, the Wall Street Journal reported on Monday, Reuters reported.

The new tariffs, which would be imposed under Section 232 of the Trade Expansion Act of 1962, would be separate from the fifteen percent global tax that Trump announced on Saturday, the report said, citing people familiar with the plans.

The U.S. Supreme Court last week overturned Trump's sweeping tariffs, which he imposed under a law intended for use in national emergencies.
In response, Trump imposed a temporary ten percent tariff on imports into the United States from all countries before increasing it to fifteen percent.

The new tariffs could cover industries such as large batteries, cast iron and iron fittings, plastic pipes, industrial chemicals, and electrical grid and telecommunications equipment, the report added.