Brief by Shorts91 Newsdesk / 05:42am on 22 Feb 2026,Sunday International
US President Donald Trump announced that he will increase his newly imposed global tariff rate to 15% on imports from all countries, after the US Supreme Court struck down his previous tariff framework as exceeding presidential authority. Trump said the higher levy, rising from an initial 10% rate, is “fully allowed and legally tested” under a lesser-used trade law and will take effect immediately, aiming to protect American industries and address trade imbalances. The move signals continued trade tension with global partners and is likely to face legal and political challenges, with implications for global markets and US consumers. (PC: EPA)
