US Could Raise Tariffs To 15% This Week, Old Rates May Return In Five Months
Last Updated:March 04, 2026, 20:00 IST Scott Bessent said the Trump administration could raise the universal tariff to 15% this week, with previous tariff regimes expected to return within five months. The US Treasury Secretary said Washington may soon increase the universal import tariff to 15%, while officials explore legal routes to restore earlier tariff…