Trump to hike global tariffs to 15% from 10%, 'effective immediately'

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US President Trump has announced a 50% increase in global tariffs to 15% effective immediately, with further tariffs to be determined in the coming months.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Trump also warned: "During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs."

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Original article published by CNBC on February 21, 2026.
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