8j yang lalu
Trump Issues Executive Order Setting 10% Global Tariff, Later Raised to 15% Above Existing Duties
On February 21, 2026, President Donald Trump signed an executive order establishing a 10% global tariff on imports from all countries, according to market reports. Several hours later, the administration increased this new universal rate to 15%, placing it on top of existing standard tariffs and moving forward without congressional or Supreme Court approval. The measure was described as taking effect immediately and aimed at generating substantial federal revenue.