US President Donald Trump has implemented new global import tariffs of 10%, up from the 15% announced over the weekend.
The Financial Times reported this, citing a US Customs notice, as reported by The Daily Baku.
The tariffs took effect at 12:01 AM Eastern Time on Tuesday.
US Customs and Border Protection informed importers that the initial tariff rate will be 10% and will apply to all countries for 150 days, unless exceptions are provided, NBC News reports.
The White House confirmed this information, noting that the presidential administration is working to increase the tariffs to 15%, but that this would require a separate executive order.
On Friday, the US Supreme Court ruled by a majority that Trump's decision to impose tariffs on goods from a large number of countries in 2025 is unlawful. In response, Trump decided to raise tariffs on imports from all countries, first to 10%, and then to 15%.
In this case, he invoked the 1974 Trade Act, which allows such tariffs to be imposed for 150 days, while the decision last year, which was declared illegal, relied on the International Emergency Economic Powers Act (IEEPA) of 1977.
Announcing the imposition of the 10% tariffs on Friday, the White House stated that these measures would not apply to a wide range of goods, including those from Canada and Mexico.
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