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US imposes new tariffs at lower 10% rate
Mint Mumbai
|February 25, 2026
The US imposed a new tariff from Tuesday of 10% on all goods not covered by exemptions, the US Customs and Border Protection said, the rate first announced by President Donald Trump on Friday rather than the 15% he promised a day later.
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Reacting to the US Supreme Court ruling that threw out tariffs it deemed were illegally justified on grounds of an emergency, Trump initially announced a new temporary global tariff of 10%. He said on Saturday he would increase it to 15%.
But in a notice described as intended to "provide guidance regarding the 20 February 2026 Presidential Proclamation," CBP said that, aside from products covered by exemptions, imports would "be subject to an additional ad valorem rate of 10%." The move added to confusion surrounding US trade policy, with no explanation offered in the notice for why the lower rate had been used.
Esta historia es de la edición February 25, 2026 de Mint Mumbai.
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