Trump Administration Weighs 15% Tariffs for 150 Days – WSJ

Trump Administration Considers 15% Tariffs for 150 Days – WSJ

The Trump administration is reviewing a legislative proposal that would authorize the imposition of tariffs up to 15% for a duration of 150 days, according to a Wall Street Journal (WSJ) report published Thursday evening, citing sources familiar with the discussions.

No Final Decision Yet

Although the bill includes provisions for temporary tariffs, the WSJ emphasized that no final decision has been made. The administration may still decide against pursuing the plan, depending on political and legal developments.

“The administration hasn't come to a decision and could hold back from acting on any plans,” the WSJ report noted.

Legal Background: Court Blocks “Liberation Day” Tariffs

The report follows a recent ruling by a US federal court, which blocked former President Trump’s “Liberation Day” tariffs earlier this week. In response, the US Court of Appeals for the Federal Circuit in Washington suspended the lower court’s decision while it considers the government’s appeal.

The court has set a timeline for legal responses:

• Plaintiffs must respond by June 5
• The Trump administration has until June 9

What This Means for Trade Policy

The potential for short-term tariffs may introduce fresh volatility into US trade policy, particularly as election dynamics intensify. The move could affect multiple sectors, from manufacturing to consumer goods, and impact US trade partners.

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