'Effective from February 24': All you need to know about Trump's new 10% global tariffs

President Trump signed a proclamation imposing a 10% temporary import surcharge on most goods, effective February 24 for 150 days. This action, taken under emergency powers, aims to address significant balance-of-payments deficits and encourage domestic manufacturing. Broad exemptions are included for economic necessity and national interest.

PNSPNS
Feb 21, 2026 - 17:59
 0
'Effective from February 24': All you need to know about Trump's new 10% global tariffs
President Trump signed a proclamation imposing a 10% temporary import surcharge on most goods, effective February 24 for 150 days. This action, taken under emergency powers, aims to address significant balance-of-payments deficits and encourage domestic manufacturing. Broad exemptions are included for economic necessity and national interest.

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