Greer: will raise tariff to 15% where appropriate
TL;DR
U.S. Trade Representative Jamieson Greer announced targeted tariff increases to 15% or higher on certain countries, following legal challenges to Trump's broader tariffs. This move, using Section 122 of the Trade Act of 1974, aims to address trade deficits and could impact global trade, inflation, and supply chains.
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Greer: will raise tariff to 15% where appropriate
U.S. Announces 15% Tariff Increases on Select Nations Amid Trade Policy Adjustments
On February 25, 2026, U.S. Trade Representative Jamieson Greer confirmed that tariff rates will rise to 15% or higher for certain countries, though no specific trading partners were named. This adjustment follows a series of recent developments, including President Donald Trump's abrupt increase of a global tariff from 10% to 15% in response to a Supreme Court ruling that limited the scope of his broader tariff authority.
The court's 6-3 decision invalidated most of Trump's worldwide tariffs, ruling they exceeded the International Emergency Economic Powers Act (IEEPA) of 1977. However, sector-specific duties—such as those on autos, car parts, and semiconductors—remain in effect. To circumvent these legal constraints, Trump invoked Section 122 of the Trade Act of 1974, which permits tariffs of up to 15% for 150 days to address trade deficits. This measure requires congressional approval for extensions beyond that period.
Greer's statement suggests a targeted approach, raising rates beyond 10% for nations deemed to engage in unfair trade practices. Meanwhile, U.S. Customs and Border Protection has halted collections of tariffs deemed illegal under IEEPA, potentially refunding over $100 billion to importers in the coming months.
Global trade partners have reacted cautiously. The European Union postponed ratification of its U.S. trade deal, citing the need for "full clarity" on Trump's policies, while Japan's trade minister urged the U.S. to avoid measures conflicting with their 2024 trade agreement. Analysts note the adjustments could exacerbate inflationary pressures, impact multinational corporations, and complicate supply chains.
The administration has also signaled plans to reduce tariffs on steel and aluminum, reflecting efforts to balance trade policy with domestic economic challenges. As the 150-day window under Section 122 unfolds, stakeholders will closely monitor congressional responses and the broader economic implications of these shifts.
