US trade chief’s statement on Trump’s global tariff
South China Morning Post
by Haining GaoFebruary 24, 2026
AI-Generated Deep Dive Summary
The U.S. Trade Representative, Jamieson Greer, has issued a statement regarding President Donald Trump’s decision to impose a new 15% global tariff following the Supreme Court’s ruling that struck down previous reciprocal and fentanyl tariffs. This new levy will take effect immediately and last for 150 days, initially announced at 10% but later increased to 15%. The move comes as part of Trump’s broader trade strategy, which has frequently relied on tariffs to address international trade disputes.
The decision reflects a significant shift in U.S. trade policy, particularly given the duration and scope of the new tariffs. These tariffs are designed to apply globally, impacting a wide range of products imported into the United States. While the 15% rate is set to remain in place for the next five months, this adjustment underscores Trump’s aggressive approach to renegotiating trade agreements and addressing what he perceives as unfair practices by other countries.
This action has sparked concerns among both U.S. allies and trading partners, particularly in Asia, where many nations rely heavily on exports to the American market. The tariffs are expected to have far-reaching economic implications, potentially leading to increased costs for consumers and businesses alike. Additionally, this move could escalate tensions in global trade relations, as other countries may respond with retaliatory measures.
For readers interested in global trade dynamics, understanding the motivations behind these tariffs is crucial. Trump’s administration has consistently prioritized “America first” policies, often using tariffs as a tool to renegotiate trade terms and reduce the U.S. trade deficit. However, critics argue that such measures risk undermining international cooperation and could harm global economic stability.
In summary, President Trump’s new 15% global tariff represents a bold step in his ongoing efforts to reshape U.S. trade relations. While the immediate impact
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Originally published on South China Morning Post on 2/24/2026