After the U.S. Supreme Court struck down parts of his earlier tariff program, President Donald Trump has moved quickly â announcing a new 10% tariff on imports from all countries, in addition to tariffs already in place.
đ Key Details:
The tariff applies globally, not targeting one specific country.
It will run for up to 150 days under emergency trade powers.
It stacks on top of existing tariffs, potentially increasing total import costs significantly.
đ Why It Matters:
Higher import costs could push consumer prices upward, adding inflation pressure.
U.S. companies relying on foreign goods may face rising production costs.
Global markets are watching closely as trade tensions could escalate further.