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Trump's new tariff comes into effect at a lower-than-expected 10% rate
The 10% tariff affects $1.2 trillion in annual imports and will last 150 days as the administration aims to address U.S. trade deficits and rebuild the president's trade agenda.
- On Tuesday, President Donald Trump imposed a 10% ad valorem tariff on imports not covered by exemptions, the U.S. Customs and Border Protection said.
- Reacting to the U.S. Supreme Court ruling last week that he lacked IEEPA authority, Trump announced a 10% tariffs response citing a $1.2-trillion trade deficit.
- Traders said the move hit markets, with European shares slipping 0.1%, as the new tariffs took effect at midnight, while analysts estimate $175 billion was raised from prior emergency levies.
- On Monday, Senate Democrats Ron Wyden, Ed Markey and Jeanne Shaheen introduced a bill to force refunds, requiring CBP to prioritize small businesses and update Congress every 30 days.
- Amid diplomatic pushback, China urged Washington to abandon unilateral tariffs and offered talks, while an unnamed White House official said a 15% increase is planned later without a timeline.
144 Articles
144 Articles
Trump's ketchup dripping down the wall
The raging reaction by President Donald Trump to the US Supreme Court’s ruling on his “emergency” import tariffs brought back memories of the testimony by former White House aide Cassidy Hutchinson to the January 6th committee about his alleged food-throwing behavior. His rant put his weaknesses on full display. We know his strengths: he is […] The post Trump’s ketchup dripping down the wall appeared first on Asia Times.
MyCentralOregon.com
MyClallamCounty.comTrump's 10% global tariff takes effect
President Donald Trump speaks during a press conference in the Brady Press Briefing Room of the White House in Washington, February 20, 2026. (Aaron Schwartz/Getty Images) (NEW YORK) — A 10% global tariff took effect on Tuesday, marking the first duty enacted by President Donald Trump after a recent Supreme Court decision invalidated most of his levies. Within hours of the high court’s ruling on Friday, Trump signed an executive order imposing a…
KHQ Right Now
KULR-TVPresident Trump's new global tariffs take effect at 10%
WASHINGTON D.C. — President Trump's new global tariffs have officially come into effect at a rate of 10%. Initially, the President had indicated plans to introduce these tariffs at a higher rate.
US starts 10% tariff collection as Trump administration works to hike import duty rates
United States have started collecting the newly imposed 10% tariffs from Tuesday, 24 February 2026, as the US President Donald Trump's administration is working to increase the duty rates. Here's what you need to know.
The new U.S. tariffs are already in effect. The levies approved by President Donald Trump to try to overcome the reverse of the Supreme Court came into operation one minute after midnight on February 24. Tariffs tax imports at a rate of 10%, although the Republican president assured last Saturday morning that it would be 15% in a rectification that reveals the White House’s improvisation in this matter. Continue reading
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