Live updates: Trump says he’ll sign an executive order to enact a 10% global tariff - AP News
AP News
February 20, 2026
AI-Generated Deep Dive Summary
President Donald Trump has announced his intention to sign an executive order imposing a 10% global tariff on all imports into the United States. This move marks a significant shift in trade policy, reflecting Trump's ongoing focus on reshaping international trade relations. The announcement comes despite prior statements where Trump suggested avoiding new tariffs as part of broader negotiations with other nations.
The proposed 10% tariff would apply to a wide range of goods imported from countries around the world, potentially affecting both developing and developed economies. This decision is expected to spark considerable debate and concern among businesses, farmers, and international partners who rely on trade with the U.S. Tariffs are designed to protect domestic industries by increasing the cost of foreign products, but they can also lead to retaliatory measures from other countries.
Reacting to the news, some business groups have expressed worry about increased costs and potential disruptions to global supply chains. Farmers, particularly those reliant on exports, have also raised concerns about how this could impact their sales abroad. Meanwhile, Democrats have criticized the move as a regressive tax that will ultimately harm American consumers and businesses.
This decision underscores Trump's unconventional approach to trade policy, which often prioritizes domestic interests over international cooperation. The implications of such a tariff are far-reaching, potentially affecting not only global trade dynamics but also U.S. relations with key allies. For readers interested in news, this development highlights the ongoing uncertainty and unpredictability of Trump's economic policies.
Understanding why this matters: Tariffs can influence consumer prices, corporate profits, and diplomatic ties. By imposing a 10% tariff, Trump is signaling a continued focus on protectionism and domestic manufacturing. However, critics argue that such measures could lead to trade wars, job losses in export-dependent industries, and higher costs for American consumers. This decision will likely be closely watched by economists, policymakers, and international observers as it unfolds.
In conclusion, the announcement of a 10% global tariff represents a significant escalation in Trump's trade strategy. While he frames it as a means to protect U.S. interests, opponents argue that it could have broader negative consequences for the economy and international relations. For those following news about trade policy and its impact on business, consumers, and diplomacy, this move is a critical development worth monitoring.
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Originally published on AP News on 2/20/2026