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What's Next for Trade as Trump Ups Global Tariff to 15%
Posted
February 23, 2026
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February 23, 2026
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2:19Now PlayingUS President Donald Trump said he will increase the global 10% tariff to 15%. He is applying the new baseline tariff under Section 122 of the 1974 Trade Act, which allows the president to impose tariffs for 150 days without congressional approval. Bloomberg's Laura Davison breaks down the situation.
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