Images are for reference only

According to CCTV news, on March 4th local time, U.S. Treasury Secretary Scott Beason said that the new 15% "global import tariff" is expected to officially take effect at some point this week.

Beason stated that this new tariff rate was decided by U.S. President Trump last month.

On February 20th, the U.S. Supreme Court ruled that the Trump administration's related large-scale tariff measures implemented under the International Emergency Economic Powers Act lack clear legal authorization. On that day, the Supreme Court justices upheld the lower court ruling by a 6-3 vote, determining that Trump's invocation of the International Emergency Economic Powers Act to implement tariff policies exceeded his statutory authority. The Supreme Court reached this conclusion in lawsuits filed by companies and 12 U.S. states. These companies and states believe that Trump's unilateral imposition of import taxes based on this law is unprecedented.

After the ruling was announced, Trump turned to Article 122 of the Trade Act of 1974 on February 20th, announcing the imposition of a "global import tariff" with a tax rate of 10% for a period of 150 days to replace the tariffs that were deemed illegal by the Supreme Court. Subsequently, on the 21st, U.S. President Trump posted on his social media platform "Truth Social" that he would raise the tax rate for the 10% import tariff on global goods to 15%. (CCTV reporter Zhu Lei)