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Reading: Trump to hike international tariffs to fifteen% from 10%, ‘efficient instantly’
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Stock Market

Trump to hike international tariffs to fifteen% from 10%, ‘efficient instantly’

Editor
Last updated: February 21, 2026 5:16 pm
Editor
Published: February 21, 2026
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Trump to hike international tariffs to fifteen% from 10%, ‘efficient instantly’


U.S. President Donald Trump speaks throughout a press briefing held on the White Home February 20, 2026 in Washington, DC.

Kevin Dietsch | Getty Photos Information | Getty Photos

President Donald Trump on Saturday stated he would improve international tariffs to fifteen% from 10%, at some point after the Supreme Court docket struck down his “reciprocal” tariffs.

The brand new tariffs will probably be “efficient instantly,” Trump stated in a Reality Social publish.

“I, as President of the USA of America, will probably be, efficient instantly, elevating the ten% Worldwide Tariff on International locations, lots of which have been “ripping” the U.S. off for many years, with out retribution (till I got here alongside!), to the absolutely allowed, and legally examined, 15% stage,” he wrote.

In his social media publish, Trump additionally warned that further tariffs would comply with.

“In the course of the subsequent quick variety of months, the Trump Administration will decide and situation the brand new and legally permissible Tariffs,” he wrote.

Whereas Trump’s announcement claimed that the brand new tariffs will take impact at once, it’s unclear if any official paperwork have been signed detailing the timing. A White Home reality sheet issued Friday stated the unique 10% tariffs would go into impact on Tuesday, Feb. 24, at 12:01 a.m. ET.

The White Home didn’t instantly reply to a CNBC request for remark.

Trump is scheduled to ship his State of the Union handle to Congress on Tuesday.

The responsibility improve comes after the Supreme Court docket, on Friday, in a 6-3 tariff ruling, determined that Trump wrongfully invoked the Worldwide Emergency Financial Powers Act (IEEPA) to implement his levies.

Trump responded the identical day with a ten% international tariff that he invoked beneath different commerce powers. Part 122 of the Commerce Act of 1974 permits the president to implement solely short-term levies, with any extension requiring congressional approval.

Learn extra CNBC protection on tariffs

The president was scathing in his remarks towards the Supreme Court docket resolution, calling it in his social media publish that it was “ridiculous, poorly written, and terribly anti-American.”

He additionally attacked Justices Neil Gorsuch and Amy Coney Barrett after they voted with the bulk within the ruling.

That is breaking information. Please refresh for updates.

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Reading: Trump to hike international tariffs to fifteen% from 10%, ‘efficient instantly’
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