Dow takes a dive after Trump says he'll raise global tariffs to 15% following Supreme Court decision
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The Dow Jones has spent Monday in the red after President Trump on Saturday said he would raise his global tariff to 15%. Last week, the Supreme Court struck down a set of sweeping global tariffs, a decision Mr. Trump lashed out at. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss.
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Supreme court
Highest court in a jurisdiction
In most legal jurisdictions, a supreme court, also known as a court of last resort, apex court, high (or final) court of appeal, and court of final appeal, is the highest court within the hierarchy of courts. Broadly speaking, the decisions of a supreme court are binding on all other courts in a nat...
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Your web browser is not fully supported by CBS News and CBSNews.com. For optimal experience and full features, please upgrade to a modern browser. You can get the new Microsoft Edge at microsoft.com/edge, available to download on all versions of Windows in more than 90 languages. '; color: #F5F5F5; font-size: 20px; font-family: sans-serif; padding: 100px 100px'); } Dow takes a dive after Trump says he'll raise global tariffs to 15% following Supreme Court decision The Dow Jones has spent Monday in the red after President Trump on Saturday said he would raise his global tariff to 15%. Last week, the Supreme Court struck down a set of sweeping global tariffs, a decision Mr. Trump lashed out at. Sabrina Escobar, a reporter for Barron's, joins CBS News to discuss. Copyright ©2026 CBS Interactive Inc. All rights reserved.
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