Brief by Shorts91 Newsdesk / 01:53pm on 24 Feb 2026,Tuesday International
The United States has begun collecting a new 10% tariff on most imports. The move was confirmed in a notice by US Customs and Border Protection. It said goods would face “an additional ad valorem rate of 10%.” The rate is lower than the 15% tariff earlier announced by President Donald Trump. A White House official said the higher rate may come later, but there is no formal order yet. The step follows a Supreme Court ruling that blocked earlier tariffs. Trump then used Section 122 of the Trade Act of 1974 to impose the new duties for up to 150 days. (PC: HT)
