Trump Signs Order Imposing 10 Percent Tariffs on Every Country
"It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately," Trump wrote on his Truth Social platform.
The announcement lands as a direct response to a landmark 6-3 Supreme Court ruling that determined Trump had overstepped his executive authority by deploying emergency national security legislation as the legal foundation for his earlier, far-reaching tariff program. The court's majority held that the statutory powers invoked were never intended for such broad economic application.
Trump fired back at the justices without restraint in a separate Truth Social post, branding the ruling an embarrassment and vowing to pursue alternative revenue-generating mechanisms.
"Those members of the Supreme Court who voted against our very acceptable and proper method of tariffs should be ashamed of themselves. Their decision was ridiculous but, now the adjustment process begins, and we will do everything possible to take in even more money than we were taking in before!" he added.
A 150-Day Proclamation With Immediate Bite
The White House confirmed that Trump formally signed a proclamation establishing the temporary import duty, which takes effect February 24 at 12:01 AM EST (05:01 GMT) and remains active for 150 days.
To cushion the domestic economic impact, the administration carved out a significant list of exemptions. According to a White House fact sheet, the following categories will not be subject to the temporary levy: critical minerals, metals, energy and energy-related products, agricultural staples including beef, tomatoes, and oranges, pharmaceuticals and their active ingredients, select electronics, aerospace components, vehicles, and informational materials such as books.
Additional exemptions cover goods already regulated under Section 232, USMCA-compliant imports arriving from Canada and Mexico, and duty-free textile shipments originating from Central American nations.
In a parallel measure, Trump extended the suspension of duty-free de minimis treatment for low-value shipments — ensuring those parcels fall under the same 10% temporary tariff umbrella, closing what critics had long called a significant loophole in US trade enforcement.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
