February 24, 2026
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1:00Now PlayingDonald Trump’s new 10% global tariffs went into effect, as part of a White House effort to preserve the president’s trade agenda after the Supreme Court struck down his original sweeping duties.
The White House is working on a formal order to increase the global tariff rate to 15%, according to an administration official, but the timeline for implementing that higher levy has not been finalized.
The lack of clarity from Washington has spawned confusion around the globe about Trump’s tariff agenda, with countries and corporations poring over existing trade agreements to determine how they’d fare under Trump’s latest threats.
#politics #trump #worldnews
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