US EditionNew US Tariffs Come in at Lower 10 per Cent Rate
8 Articles
8 Articles
US imposes 10pc tariff, lower than threatened
Reuters : The United States has begun imposing an additional 10 percent tariff on most imports, opting for the lower rate initially announced by President Donald Trump rather than the 15 percent increase he later suggested. According to a notice issued by US Customs and Border Protection (CBP), the new 10 percent ad valorem tariff took effect at midnight on Tuesday (24 February). The rate applies to all goods not covered by specific exemptions. …
Last week, the Supreme Court struck down Trump's use of the IEEPA to set tariffs. The decision effectively removed most of Trump's tariffs, including those he announced on his inauguration day in April 2025. However, the Trump administration has long been aware that there was a risk of losing the case and has been preparing to find alternative ways to support Trump's tariff policy. The Constitution gives the power to set tariffs to Congress. Th…
Donald Trump has not yet signed an order to increase the tariff rate
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