New Delhi, March 5 -- The United States is expected to raise its newly imposed global tariff to 15 per cent later this week, Treasury Secretary Scott Bessent said Wednesday, signalling that the Trump administration intends to rapidly rebuild its sweeping trade barriers despite a recent Supreme Court ruling striking down many of the president's earlier tariffs.

In an interview on CNBC's Squawk Box, Bessent said the higher tariff rate - previously announced by President Donald Trump - would soon replace the 10 per cent levy currently applied to imports from most countries.

"That's likely sometime this week," Bessent said.

The tariff adjustment represents the latest step in the administration's effort to restore its global tariff regime a...