LIVE: Trump Imposes 10% Global Tariff on All Imports | Trump News | Tariffs News | India Today LIVE
US News LIVE: US President Donald Trump has signed a sweeping executive order imposing a 10% tariff on imports from ALL countries, declaring it effective almost immediately! This bold move comes just hours after the Supreme Court struck down his earlier sweeping global tariffs in a major setback, ruling he exceeded authority under emergency powers. Trump posted on Truth Social: “It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately.”
Using Section 122 of the 1974 Trade Act (a never-before-invoked provision for temporary duties up to 15% to address balance-of-payments issues), the new tariff is set for 150 days unless Congress extends it. Trump lashed out at justices as “fools” and vowed to protect American interests amid ongoing trade tensions.
Markets are reacting with uncertainty—will this escalate global trade wars? How will it impact India, China, Europe, and everyday prices? Join India Today LIVE for expert analysis, reactions from world leaders, economic fallout details, and what this means for international relations in real time. Stay tuned—updates pouring in!
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