• Contact
Tuesday, March 10, 2026
Register
Login
European Press
Advertisement
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Media
  • Lifestyle
  • Video
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Media
  • Lifestyle
  • Video
No Result
View All Result
European Press
No Result
View All Result

US Treasury signals global tariff hike to 15% as Trump trade policy returns

5 March 2026
in Business
Reading Time: 5 mins read
A A
US Treasury signals global tariff hike to 15% as Trump trade policy returns
ShareShareShareShareShare

The United States is expected to raise its global tariff rate to 15 per cent in the coming days as the Trump administration moves to restore its controversial trade policies following a Supreme Court ruling that struck down last year’s sweeping import duties.

US Treasury Secretary Scott Bessent said the higher tariff level was “likely” to be implemented this week, suggesting the White House intends to push ahead with a tougher global trade regime despite the legal challenges that forced officials to rethink their approach.

The new tariff would replace the blanket import duties announced by Donald Trump last year, which had imposed levies on goods from dozens of countries. Those measures were struck down by the Supreme Court of the United States after judges ruled that the administration had exceeded its authority by using emergency powers to justify the tariffs.

The decision triggered a rapid response from the White House, which introduced a new global levy of 10 per cent using a different legal mechanism. However, confusion quickly followed after Trump stated on social media that the rate would instead be set at 15 per cent.

In practice, the tariff came into force at the lower level, leaving businesses and governments around the world uncertain about the direction of US trade policy.

Support authors and subscribe to content

This is premium stuff. Subscribe to read the entire article.

Login if you have purchased

Subscribe

Gain access to all our Premium contents.
More than 100+ articles.
Subscribe Now

Related Posts:

  • Trade deficit narrows to $4.05 billion in January
    Trade deficit narrows to $4.05 billion in January
  • US Treasury signals global tariff hike to 15% as Trump trade policy returns
    Starmer condemns Trump’s Greenland tariff threat as…
  • US Treasury signals global tariff hike to 15% as Trump trade policy returns
    China posts record $1.19tn trade surplus despite…
  • Trade deficit narrows to 4-year low in 2025
    Trade deficit narrows to 4-year low in 2025
  • US Treasury signals global tariff hike to 15% as Trump trade policy returns
    US tariffs push Canada towards Europe and China as…
  • World Bank projects Philippine growth above 5% until 2027
    World Bank projects Philippine growth above 5% until 2027
ShareTweetSendPinShare
Previous Post

Airlines hit by jet fuel price surge as Iran conflict disrupts global supply

Next Post

S&P: Philippines to outpace most Asian peers in next 3 years

Related Posts

Ransom payments surge as AI-driven cyberattacks force more companies to pay hackers
Business

Ransom payments surge as AI-driven cyberattacks force more companies to pay hackers

10 March 2026
Philippine banks’ loan growth in January slowest in nearly two years
Business

Philippine banks’ loan growth in January slowest in nearly two years

10 March 2026
Next Post
S&P: Philippines to outpace most Asian peers in next 3 years

S&P: Philippines to outpace most Asian peers in next 3 years

Recommended

Advanced civilizations last just 5,000 years, scientists say

Advanced civilizations last just 5,000 years, scientists say

7 March 2026
Outrage as Burdell sets 20% tip to combat racism

Outrage as Burdell sets 20% tip to combat racism

10 February 2026
Suspect in shooting of Russian general arrested in Dubai, says Moscow

Suspect in shooting of Russian general arrested in Dubai, says Moscow

18 February 2026
Latest news bulletin | February 2nd, 2026 – Evening

Latest news bulletin | February 2nd, 2026 – Evening

14 February 2026
Net-a-Porter workers ballot for strike action over London Living Wage dispute

Net-a-Porter workers ballot for strike action over London Living Wage dispute

6 March 2026
European Press

European-press.com shares the latest news from Europe and around the world. It covers topics such as business, technology, sports, health, entertainment, and lifestyle. Feel free to get in touch with us!

Disclaimer  Privacy Policy – EU  Imprint 

Contact Us

What’s New Here!

  • Snow Forecast (2026/03/01)
  • Ransom payments surge as AI-driven cyberattacks force more companies to pay hackers
  • Dad, 99, helps son Jimmy Rush, 80, finally crack free oysters promotion at Alabama restaurant
  • First look as Paddy is up to his neck in it and Graham plots against Kim

Subscribe to Our Newsletter

Copyright 2026 © EUROPEAN PRESS All rights on our posts reserved!

Translate »
No Result
View All Result
  • News
  • Business
  • Tech
  • Sport
  • Health
  • Media
  • Lifestyle
  • Video

Copyright 2026 © EUROPEAN PRESS All rights on our posts reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
×