Close Menu
    Trending
    • Why retirees are often shocked by tax bills and how to reduce them
    • This fast-food chain just hired a “Chief MAHA Officer”
    • Savannah Guthrie’s ‘Today’ Show Return A Ratings Success
    • UK PM insists he won’t resign over scandal of US envoy’s appointment
    • Warner Bros and Paramount merger could reshape US media landscape | Media News
    • The ’30-point, 0-assist playoff games’ quiz
    • A boom of independent bookstores, just when we need them most
    • One Of The Best Benefits Of Wealth: Buying Peace And Quiet
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»Latest News»New Trump tariffs take effect days after Supreme Court decision | Trade War News
    Latest News

    New Trump tariffs take effect days after Supreme Court decision | Trade War News

    The Daily FuseBy The Daily FuseFebruary 24, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    New Trump tariffs take effect days after Supreme Court decision | Trade War News
    Share
    Facebook Twitter LinkedIn Pinterest Email


    New tariffs on imported items come into impact as Trump strikes to rebuild his commerce agenda after high court docket dominated towards a swath of his world duties.

    Printed On 24 Feb 202624 Feb 2026

    Share

    New tariffs on imported goods introduced by United States President Donald Trump have come into impact, days after the nation’s Supreme Courtroom struck down most of his earlier tariff regime.

    ‌Washington imposed an extra tariff from Tuesday of 10 p.c on ⁠all items not ⁠lined by exemptions, a discover issued by US Customs and Border Safety stated.

    Advisable Tales

    record of 4 objectsfinish of record

    Trump has doubled down on imposing tariffs on buying and selling companions for the reason that high court docket on Friday struck down a lot of his sweeping and sometimes arbitrary duties, in a rebuke of his signature financial coverage.

    Reacting to the court docket’s ruling, the US president initially introduced a brand new ⁠non permanent world tariff ⁠of 10 p.c. He later stated on Saturday he would improve that stage ⁠to fifteen p.c.

    The transfer added to confusion surrounding US commerce coverage, with no rationalization supplied for why the decrease charge had been used.

    Assortment of the brand new tariffs started at midnight on Tuesday, whereas the gathering of the ⁠tariffs annulled by the Supreme Courtroom was halted. That they had ⁠ranged from 10 p.c to as a lot as 50 p.c.

    The conservative-majority court docket dominated six to a few that Trump had exceeded his authority in utilizing a 1977 legislation to impose sudden tariffs on particular person international locations.

    However Trump says the tariffs are justified as a method “to cope with the big and severe United States balance-of-payments deficits”, in response to a White Home press launch.

    The brand new responsibility, taking impact Tuesday, solely lasts for 150 days except prolonged by Congress and is broadly seen as a bridge in direction of a extra sturdy commerce coverage.

    Trump’s tariff order argued {that a} severe steadiness of funds deficit existed within the type ⁠of a $1.2 trillion annual US items commerce deficit, ⁠a present account deficit of 4 p.c of gross home product and a reversal of the US main revenue surplus.

    On Monday, Trump warned international locations towards backing away from lately negotiated commerce offers with the US, saying that in the event that they ‌did, he would hit them with a lot larger duties underneath completely different commerce legal guidelines.

    In the meantime, Beijing ⁠has urged the US to ⁠abandon its “unilateral tariffs”, indicating ⁠additionally that it’s keen to carry one other spherical ‌of commerce talks with the world’s largest financial system, China’s Ministry of Commerce ⁠stated in an announcement on Tuesday.

    China will determine at ⁠the proper time ⁠on adjusting ⁠countermeasures to the most recent US tariff ‌changes, the ministry added.

    Japan additionally stated it had requested Washington to make sure its remedy underneath a brand new tariff regime could be ⁠as beneficial as in an current settlement, treading rigorously to keep away from rocking the boat earlier than the Japanese prime minister’s US go to subsequent month.

    Whereas the most recent measures may improve the tariff value for some Japanese export objects, Japan’s commerce minister and US Commerce Secretary ⁠Howard Lutnick affirmed on a name on Monday that the 2 international locations would implement the commerce deal struck final yr “in good religion and directly”, the Japanese Ministry of Financial system, Commerce and Trade stated.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Warner Bros and Paramount merger could reshape US media landscape | Media News

    April 22, 2026

    Chelsea sack Rosenior after only three months at Premier League club | Football News

    April 22, 2026

    What is uranium enrichment and how quickly could Iran build a nuclear bomb? | US-Israel war on Iran News

    April 22, 2026

    UK bill bans anyone born after 2008 from ever buying tobacco | Health News

    April 22, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Is BNP’s Tarique Rahman the change post-Hasina Bangladesh is looking for? | Bangladesh Election 2026 News

    February 10, 2026

    Falcons have clear trade stance on Kirk Cousins — but there’s a hiccup

    September 11, 2025

    Cook Islands PM survives no-confidence vote over China pact

    February 26, 2025

    Commentary: With UK success, should Singapore reconsider 3-parent IVF?

    August 13, 2025

    ASEAN kicks off summits with China, Gulf states amid US tariff threat | News

    May 27, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

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