Trump's 10% global tariffs have taken effect

CycleProphet · 2026-02-24T05:11:18+00:00

U.S. President Trump signed an executive order on February 20th to implement a 10% global tariff, aiming to continue his trade policies. Although Trump has threatened to raise the tariff rate to 15%, no official order has been issued yet, and the implementation date is undecided.

CycleProphet

2026-02-24 05:11:18

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Deep Tide TechFlow News, February 20 — According to Jintiao Data, on Tuesday local time, the new 10% global tariff introduced by U.S. President Trump took effect, marking the White House’s move 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. Tuesday (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 working on a formal order to raise the global tariff rate to 15%. The official said the timeline for implementing this higher rate has not yet been determined.

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