Trump's global tariff takes effect at 10%, despite announcement of 15%

[BumRushDaShow]

Source: NBC News

Feb. 23, 2026, 10:45 PM EST / Updated Feb. 24, 2026, 4:52 AM EST


President Donald Trump's reworked global tariffs began Tuesday at a rate of 10%, even though he said over the weekend that they would start at 15%.

On Friday, after the Supreme Court struck down most of Trump's tariff agenda, he announced that he would quickly implement a 10% flat tariff for all trading partners using a different trade law. One day later, Trump posted on Truth Social that "effective immediately" he would be "raising the 10% Worldwide Tariff ... to the fully allowed, and legally tested, 15% level."

Under the trade law the administration is now turning to, called Section 122, tariffs of up to 15% can be quickly applied, but only for up to 150 days.

Hours before the sweeping tariff took effect at 12:01 a.m., U.S. Customs and Border Protection sent a memo informing importers that the rate would be 10% at first and that it would apply to "every country for a period of 150 days, unless specifically exempt," starting at 12:01 a.m. ET Tuesday. A White House official confirmed to NBC News that the message to importers was correct.

Read more: https://www.nbcnews.com/politics/trump-administration/trump-global-tariff-start-10-percent-despite-announcement-15-percent-rcna260369

[Shermann]

1. It will be easier for companies to wait out the 150 days than the three years.

I predict zero factories will be moved to the US as a result of this.

[republianmushroom]

2. trump lying, AGAIN !

Suck it up, republicans.

[SunSeeker]

3. Why doesn't the MSM point out these tariffs are just as illegal as the ones SCOTUS struck down?

All they point out is the 150 day limit. But Section 122 of the Trade Act of 1974 (19 U.S.C. § 2132) requires a "large and serious balance-of-payments deficit" before it can be implemented. We don't have a balance-of-payments defecit at all. A balance-of-payments defecit is not the same as a trade deficit., they are two different things.