<div id="readability-page-1"><div>United States President Donald Trump announced on Saturday that he is raising the 10% global tariff rate announced on Friday to 15%, which will take effect immediately. Trump reiterated his criticism of the Supreme Court’s decision to strike down his authority to levy tariffs under the International Emergency Economic Powers Act (IEEPA). In a Saturday Truth Social post, he said:“As President of the United States of America, I will be, effective immediately, raising the 10% worldwide tariff on countries, many of which have been ‘ripping’ the US off for decades, without retribution, until I came along, to the fully allowed, and legally tested, 15% level.”On Friday, Trump announced a 10% global tariff rate to be added on top of already existing tariffs that remained valid after the court ruling, under alternative legal statutes outlined in the Trade Expansion Act of 1962 and the Trade Act of 1974. <figure></figure>However, pro-crypto attorney Adam Cochran said the scope of these laws also limits Trump’s authority to levy broad tariffs indefinitely. “The law he is using only allows this to be on countries we have a deficit with, for a set period of 150 days, and at a capped percentage,” he said. Each new tariff announcement from Trump caused turmoil in the crypto and stock markets, with severe downturns that negatively impacted asset prices and fueled macroeconomic uncertainty among investors. Related: US lawmakers critical of Trump tariffs, say it will derail the economyCrypto markets held firm in the wake of the latest tariff announcements The crypto market, which usually experiences heavy sell-offs in response to tariff announcements, held firm in the wake of the latest tariff headlines. <figure></figure>The price of Bitcoin (BTC) held steady at the $68,000 level, and Ether (ETH) also remained firm, showing little to no change since Friday when the new tariffs were announced.The Total3 indicator, which tracks the entire market capitalization of the crypto sector, excluding BTC and ETH, fell by less than 1% on Saturday and remains at about $713 billion at the time of this writing.Magazine: ‘Everything feels like it’s going to shit’: Peter McCormack reveals new podcast</div></div>

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United States President Donald Trump has raised the global tariff rate from 10% to 15%, effective immediately, following criticism of a Supreme Court ruling limiting his authority. Despite the announcement causing turmoil in traditional markets, the crypto market remained stable, with Bitcoin holding at $68,000 and Ether showing little change. The Total3 indicator for the crypto sector's market capitalization fell slightly but remained around $713 billion.

- Former U.S. President Donald Trump announced an increase in the global tariff rate from 10% to 15%, which took immediate effect.  
- Trump voiced criticism of the Supreme Court's ruling regarding his authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA) and cited legal constraints on his tariff powers.  
- Despite previous market volatility following tariff announcements, the cryptocurrency market remained stable, with Bitcoin at $68,000 and Ethereum showing little change since the new tariff was announced.

Trump raises global tariff rate to 15%, but crypto markets are unfazed