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The Trump administration is reportedly weighing fresh national security tariffs on several industries following a Supreme Court ruling that struck down previous levies.

WASHINGTON: The administration of US President Donald Trump is considering new national security tariffs targeting around half a dozen industries. This follows a Supreme Court decision last week that invalidated many of his second-term levies, according to a Wall Street Journal report.

The new tariffs would be issued under Section 232 of the Trade Expansion Act of 1962. They 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 request for comment.

READ MORE: Trump warns trade partners of higher tariffs after court ruling

The US Supreme Court last week struck down Trump’s sweeping tariffs pursued under a law meant for use in national emergencies. In response, Trump imposed a temporary 10% tariff on US imports from all countries before raising it to 15%.

The new levies could cover industries like large-scale batteries, cast iron and iron fittings, and plastic piping. They may also target industrial chemicals and power grid and telecom equipment, the report added.

 The Sun Malaysia

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About the Author

Danny H

Seasoned sales executive and real estate agent specializing in both condominiums and landed properties.

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