Trump strikes back after court blow, raises global tariffs to 15% from 10%

2026-02-21 - 17:26

US President Donald Trump announced a new global tariff rate of 15%, increasing it from the previously proposed 10%, just one day after the Supreme Court of the United States blocked much of his earlier emergency tariff policy. In a social media statement, Trump said the new tariffs would take effect immediately, arguing that many countries had taken economic advantage of the United States for decades without consequences. The announcement follows a major legal setback for the administration after the Supreme Court ruled that the president had exceeded his authority by using emergency powers to impose sweeping trade tariffs. The financial impact of the new tariffs — both on the US economy and global trading partners — remains unclear, as markets and governments assess the potential consequences of the decision. The developments were reported by German international broadcaster Deutsche Welle, which is closely tracking ongoing updates surrounding the administration’s trade policy.