Trump's 10% global tariffs come into effect

2026-02-24 05:15:20

Odaily Planet Daily reported that on Tuesday local time, the new 10% global tariff introduced by U.S. President Trump took effect, marking the beginning of the White House’s actions to continue Trump’s trade agenda. Previously, the U.S. Supreme Court rejected Trump’s initial comprehensive trade measures. Hours after the ruling was announced, Trump signed an executive order approving a 10% import tax. He then threatened to raise the rate to 15%, but until 12:01 a.m. on Tuesday U.S. time (when the 10% rate took effect), Trump had not officially issued an order to increase the tariff. A government official revealed that the White House is drafting an official order to raise the global tariff rate to 15%. The official said the timetable for implementing this higher rate has not yet been determined. (Jin10)

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