On February 24th at 1:00 PM Beijing time, Trump’s new 10% global import tariff officially took effect, with a validity period of the next 150 days. Additionally, on the 22nd, Trump announced that the 10% global tariffs imposed on many countries would be immediately increased to a fully legal and legally tested 15%. In the coming months, the Trump administration will determine and announce new lawful tariffs. Currently, the 15% global tariff has not yet been officially signed into any documents.
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Trump's new 10% global tariffs have officially come into effect.
On February 24th at 1:00 PM Beijing time, Trump’s new 10% global import tariff officially took effect, with a validity period of the next 150 days. Additionally, on the 22nd, Trump announced that the 10% global tariffs imposed on many countries would be immediately increased to a fully legal and legally tested 15%. In the coming months, the Trump administration will determine and announce new lawful tariffs. Currently, the 15% global tariff has not yet been officially signed into any documents.