Trump Imposes 10% Global Tariff on Imports Under Section 122

President Donald J. Trump signed an order for a temporary 10% tariff on most imports, effective February 24.
President Donald J. Trump signed an order on February 20, 2026, to impose a 10% global tariff on imports to the United States.The tariff applies under Section 122 of the Trade Act of 1974. It adds 10% on top of existing tariffs.
Existing national security tariffs under Section 232 and Section 301 tariffs remain in full force.The new 10% tariff takes effect at 12:01 a.m. Eastern Time on February 24, 2026.It lasts for 150 days unless Congress extends it.
The tariff aims to address fundamental international payment problems.Some goods are exempt. These include certain critical minerals, energy products, specific agricultural items like beef, tomatoes, and oranges, pharmaceuticals, some electronics, passenger vehicles, certain trucks, buses, aerospace products, and informational materials.
The White House stated the action protects the U.S. economy and national interests.Businesses and importers should prepare for the new duties starting February 24.Further details on exemptions and implementation may come from the White House or Customs authorities.More updates expected as the tariff takes effect.
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