New Delhi, May 30 -- US President Trump's trade team is reportedly readying its plan B to impose the president's steep tariffs amid the latest court rulings.

The Wall Street Journal cited sources as saying on Thursday that US Trump's administration is considering a stopgap effort to impose tariffs on large parts of the global economy under an existing law that includes language allowing for tariffs of up to 15% for 150 days.

The administration has not made a final decision and it could wait to impose any plans, the report added.

The report emerged a day after a federal appeals court temporarily allowed his duties to stay in effect following a trade court ruling to immediately block them.

As per the WSJ report, US officials are now wei...