Published by Global Banking & Finance Review®
Posted on May 30, 2025
1 min readLast updated: January 23, 2026
Add as preferred source on GoogleTrump's administration is considering 15% tariffs for 150 days on global trade, pending a federal court decision. The move could affect large parts of the global economy.
(Reuters) -President Donald Trump's administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law that includes language allowing for tariffs of up to 15% for 150 days, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
The administration has not made a final decision and it could wait to impose any plans after a federal appeals court on Thursday temporarily reinstated the most sweeping of Trump's tariffs following a trade court ruling to immediately block them, the report added.
(Reporting by Costas Pitas)
The Trump administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law.
No, the administration has not made a final decision and may wait to impose any plans after a federal appeals court temporarily reinstated Trump's tariffs.
The proposed tariffs could be set at up to 15% for a duration of 150 days.
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