Trump announces increase of new global tariffs from 10% to 15%

BBC World
February 21, 2026
AI-Generated Deep Dive Summary
US President Donald Trump has announced an increase in new global tariffs from 10% to 15%, following a Supreme Court ruling that invalidated his previous import taxes. The decision by the court, which found that Trump overstepped his powers under the International Emergency Economic Powers Act (IEEPA), led to Trump’s immediate response to raise the tariff rate as a temporary solution under Section 122 of the 1974 Trade Act. This new measure will remain in place for five months before requiring congressional approval. The tariffs, initially set at 10%, were scheduled to take effect on February 24 but now face an uncertain future with the increased rate. Countries like the UK and Australia, which had previously negotiated a 10% tariff deal with the US, are particularly affected by this change. Trump justified the move as necessary to reduce the US trade deficit, which reached a record high of $1.2 trillion in 2024. However, critics argue that the new tariffs will disrupt global trade relations and harm businesses reliant on imports. The Supreme Court’s ruling was a 6-3 decision, with conservative justices John Roberts, Amy Coney Barrett, and Neil Gorsuch joining liberals in striking down Trump’s tariffs. Dissenting were conservative justices Clarence Thomas, Brett Kavanaugh, and Samuel Alito. Trump expressed frustration with the court, calling the decision “ridiculous” and “anti-American.” Businesses, particularly those in manufacturing and agriculture, are now facing increased costs under the new 15% tariff rate, while some critical products like pharmaceuticals will remain exempt. The ruling has left international trade relations uncertain, as countries adjust to the new tariffs. While Trump claims the move is about protecting American jobs and reducing the trade deficit, opponents argue it complicates global trade and undermines free trade agreements. This shift in US trade policy highlights ongoing
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Originally published on BBC World on 2/21/2026