Trump announces hike in global tariff rate from 10% to 15%

Washington DC, 22/2: United States President Donald Trump announced on Saturday that he is raising the tariffs on goods entering United States from 10% to 15% ‘effective immediately.

Taking to Truth Social, Trump wrote, “I, as President of the United States of ⁠America, ⁠will be, effective immediately, raising the 10% Worldwide Tariff on Countries, many of which have been ‘ripping’ the U.S. off for decades, without retribution.