Last mentioned: 1d ago
Immediate Implementation
New rates apply to all goods entering U.S. customs starting today.
Future Tariff Determinations
Administration to review and issue sector-specific tariff adjustments.
Tariff Hike Announced
President Trump announces the move from 10% to 15% global tariffs.
President Trump has announced an immediate increase in baseline global tariffs from 10% to 15%, signaling a significant escalation in protectionist trade policy. The move triggers immediate cost pressures across global supply chains and sets the stage for further regulatory adjustments in the coming months.
The U.S. Supreme Court has issued a landmark ruling declaring the Trump administration's sweeping tariff regime illegal, citing executive overreach. This decision is expected to trigger billions of dollars in duty refunds and fundamentally reshape global procurement strategies for the logistics sector.