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.
127 Articles
127 Articles
President 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
New US tariff takes effect at 10%, Trump working to hike it to 15%
WASHINGTON — The United States began collecting a temporary new 10 percent global import tariff on Tuesday, but the Trump administration was working to increase it to 15 percent, a White House official said, sowing confusion over President Donald Trump's tariff policies after last week's Supreme Court defeat. Trump initially signed an order on Friday for a 10 percent tariff to last 150 days to replace broad duties under an emergency law that wer…
By Adam Cancryn, CNN. The Trump administration imposed new across-the-board tariffs of 10% on Tuesday, a lower initial level than President Donald Trump had promised over the weekend. These new global tariffs were announced by Customs and Border Protection after the Supreme Court invalidated Trump's widespread use of emergency tariff powers, prompting him to begin restructuring his trade strategy through other means. Trump initially said the new…
Trump imposes 10% global tariff despite promised 15% rate
A 10% global tariff issued by the United States took effect on Tuesday, despite the Trump administration previously promising to enact a 15% rate. A White House official told the Washington Examiner that the Trump administration is working on increasing the rate to 15%, as President Donald Trump outlined Saturday, but said there is “no timeline for that yet.” Customs and Border Protection published a notice Monday evening alerting that the 10% r…
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