Trump Threatens Higher Tariffs on Countries 'Ripping US Off'

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News18•24-02-2026, 00:45
Trump Threatens Higher Tariffs on Countries 'Ripping US Off'
- •US President Donald Trump issued a new tariff warning against countries he claims are 'ripping the US off'.
- •Trump stated that countries 'playing games' with a Supreme Court decision will face much higher tariffs.
- •The European Union halted its trade deal agreement with the US after Trump announced a global 15% tariff.
- •These new tariffs, under Section 122 of the US Trade Act of 1974, would stack on existing rates, breaching the Turnberry accord.
- •The proposed India-US trade deal meeting in Washington DC has been rescheduled to a mutually convenient date.
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