Trump's New Global Tariff Takes Effect for 150 Days

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A new 10% global tariff has taken effect, imposed by President Donald Trump without congressional approval, following the Supreme Court's decision to strike down earlier tariffs.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

President Donald Trump’s new baseline global tariff of 10% comes into effect after the Supreme Court struck down his earlier, sweeping levies. The White House said he could impose this under the 1974 Trade Act without need for congressional approval. Bloomberg News' Rosalind Mathieson discusses with Joumanna Bercetche on Horizons Middle East and Africa. (Source: Bloomberg)

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Original article published by Bloomberg on February 24, 2026.
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