US President Donald Trump’s new global tariff comes into effect at 10%

US President Donald Trump’s new global tariffs have come into effect at 10% despite a pledge to introduce them at a higher rate. After the Supreme Court blocked many of his sweeping import taxes on Friday, the president said he would introduce a 10% global rate.

He then said on Saturday that the rate would be 15%. However, according to official documents, the tariffs have been set at the lower rate from Tuesday with no directive to increase the rate issued. The BBC has contacted the White House for comment. —Feb 25, 2025

Main image: Getty Images

Subscribe and get top news delivered to your Inbox everyday for FREE