LIVE NEWS
  • Tehran says ‘progress’ made in talks with US
  • Google and OpenAI are making a run at Claude’s desktop moat, and Anthropic is making it easy
  • DeBriefed 17 April 2026: Fossil-fuel power slumps | ‘Super’ El Niño warning | Afghanistan’s climate struggle
  • Senior official ousted over Peter Mandelson security row to face MPs
  • Scientists say this type of olive oil could boost brain power
  • The Best Smart Home Accessories to Boost Your Curb Appeal (2026)
  • Trinidad and Tobago police uncover 56 bodies, mostly children, at cemetery | Crime News
  • The best TV antennas to buy in 2024
Prime Reports
  • Home
  • Popular Now
  • Crypto
  • Cybersecurity
  • Economy
  • Geopolitics
  • Global Markets
  • Politics
  • See More
    • Artificial Intelligence
    • Climate Risks
    • Defense
    • Healthcare Innovation
    • Science
    • Technology
    • World
Prime Reports
  • Home
  • Popular Now
  • Crypto
  • Cybersecurity
  • Economy
  • Geopolitics
  • Global Markets
  • Politics
  • Artificial Intelligence
  • Climate Risks
  • Defense
  • Healthcare Innovation
  • Science
  • Technology
  • World
Home»Popular Now»Trump to hike global tariffs to 15% from 10%, ‘effective immediately’
Popular Now

Trump to hike global tariffs to 15% from 10%, ‘effective immediately’

primereportsBy primereportsFebruary 21, 2026No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Trump to hike global tariffs to 15% from 10%, ‘effective immediately’
Share
Facebook Twitter LinkedIn Pinterest Email


U.S. President Donald Trump speaks during a press briefing held at the White House February 20, 2026 in Washington, DC.

Kevin Dietsch | Getty Images News | Getty Images

President Donald Trump on Saturday said he would increase global tariffs to 15% from 10%, one day after the Supreme Court struck down a broad swath of the president’s trade agenda.

In a Truth Social post, Trump said the new tariffs will be “effective immediately.” He also warned that additional levies would follow.

“I, as President of the United States of America, will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been “ripping” the U.S. off for decades, without retribution (until I came along!), to the fully allowed, and legally tested, 15% level,” he wrote.

“During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs,” he added.

Trump’s announcement claimed that the new tariffs will take effect without delay, but it is unclear if any official documents have been signed detailing the timing. A White House fact sheet issued Friday said the original 10% tariffs would go into effect on Tuesday, Feb. 24, at 12:01 a.m. ET.

The White House did not immediately respond to a CNBC request for clarification.

Supreme Court strikes down Trump's sweeping tariffs

Trump, who is scheduled to deliver his State of the Union address to Congress on Tuesday, was dealt a blow Friday when the Supreme Court decided in a 6-3 tariff ruling that the president wrongfully invoked the International Emergency Economic Powers Act (IEEPA) to implement his levies.

On Friday, Trump responded hours after the ruling with a 10% global tariff that he invoked under Section 122 of the Trade Act of 1974. The statute allows the president to impose temporary levies for 150 days. Any extension requires congressional approval.

The president was scathing in his remarks against the Supreme Court decision, calling the ruling “ridiculous, poorly written, and extraordinarily anti-American” in a social media post.

He also attacked Justices Neil Gorsuch and Amy Coney Barrett after they voted with the majority in the ruling.

Read more CNBC coverage on tariffs

Congressional Democrats rejoiced following the decision, with Senate Minority Leader Chuck Schumer, D-N.Y., saying in a statement that the tariffs were “chaotic and illegal.” Tariffs and the broader economy are expected to be key issues for the Democrats on the campaign trail for this year’s midterm elections in November.

Republicans were more divided on the issue. Some slammed the Supreme Court for its decision, while others argued that Congress has the constitutional authority to implement levies.

On Friday, stocks rallied initially following the Supreme Court decision, before pulling back and then recovering again. Investors expect the ruling could allay tensions between the U.S. and its trading partners, and possibly refund affected companies and reduce inflation.

How the U.S. government will proceed with refunds remains a question. By one estimate, the U.S. government could owe more than $175 billion in refunds to importers following the Supreme Court decision.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleCritical Grandstream Phone Vulnerability Exposes Calls to Interception
Next Article XAU₮ Powers First-Ever Tokenized Gold Dividend From Public Company
primereports
  • Website

Related Posts

Popular Now

Tehran says ‘progress’ made in talks with US

April 19, 2026
Popular Now

Trinidad and Tobago police uncover 56 bodies, mostly children, at cemetery | Crime News

April 19, 2026
Popular Now

Olly Robbins ‘thrown under bus’ by No 10, says ex-Foreign Office chief – UK politics live | UK news

April 18, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Global Resources Outlook 2024 | UNEP

December 6, 20258 Views

The D Brief: DHS shutdown likely; US troops leave al-Tanf; CNO’s plea to industry; Crowded robot-boat market; And a bit more.

February 14, 20264 Views

German Chancellor Merz faces difficult mission to Israel – DW – 12/06/2025

December 6, 20254 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews

Subscribe to Updates

Get the latest tech news from FooBar about tech, design and biz.

PrimeReports.org
Independent global news, analysis & insights.

PrimeReports.org brings you in-depth coverage of geopolitics, markets, technology and risk – with context that helps you understand what really matters.

Editorially independent · Opinions are those of the authors and not investment advice.
Facebook X (Twitter) LinkedIn YouTube
Key Sections
  • World
  • Geopolitics
  • Popular Now
  • Artificial Intelligence
  • Cybersecurity
  • Crypto
All Categories
  • Artificial Intelligence
  • Climate Risks
  • Crypto
  • Cybersecurity
  • Defense
  • Economy
  • Geopolitics
  • Global Markets
  • Healthcare Innovation
  • Politics
  • Popular Now
  • Science
  • Technology
  • World
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • DMCA / Copyright Notice
  • Editorial Policy

Sign up for Prime Reports Briefing – essential stories and analysis in your inbox.

By subscribing you agree to our Privacy Policy. You can opt out anytime.
Latest Stories
  • Tehran says ‘progress’ made in talks with US
  • Google and OpenAI are making a run at Claude’s desktop moat, and Anthropic is making it easy
  • DeBriefed 17 April 2026: Fossil-fuel power slumps | ‘Super’ El Niño warning | Afghanistan’s climate struggle
© 2026 PrimeReports.org. All rights reserved.
Privacy Terms Contact

Type above and press Enter to search. Press Esc to cancel.