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10% Global Tariff by Trump Takes Effect Amid Ongoing Trade Agenda

This event reflects a significant shift in trade policy, with the implementation of a 10% global...
February 24, 2026 by
Key Metrics

12.24

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Global
  • Last Update
    2026-02-24
Key Impacts
Positive Impacts (4)
U.S. Domestic Steel Producers
U.S. Dollar Index (DXY)
Gold
Treasury Inflation-Protected Securities (TIPS)
Negative Impacts (8)
Soybeans
US Consumer Electronics Sector
Semiconductor Industry
U.S. Auto Manufacturers & Parts Suppliers
Apparel & Footwear Retailers
Transportation & Container Shipping
Total impacts: 12 | Positive: 4 | Negative: 8
Event Overview

This event reflects a significant shift in trade policy, with the implementation of a 10% global tariff. It highlights the executive's use of economic measures to advance a specific trade agenda, despite previous judicial challenges. The threat of further increases adds to the uncertainty and potential for broader economic implications.

Collect Records
10% Global Tariff by Trump Takes Effect
2026-02-24 13:09

A 10% global tariff introduced by U.S. President Trump took effect on Tuesday. This move is part of the White House's continued efforts to advance Trump's trade agenda. The Supreme Court had previously rejected Trump's initial comprehensive trade measures. Shortly after the ruling, Trump signed an executive order approving a 10% import tax and threatened to increase it to 15%. As of the time the 10% tariff came into effect, no formal order to raise the rate had been issued. Government officials stated that the White House is preparing a formal order to increase the global tariff to 15%, but the exact implementation date has not been determined.

Total records: 1
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