Trump's New 10% Global Tariffs Take Effect

• US President Donald Trump's new 10% global tariffs have come into effect, with threats to raise them to 15% without an official directive.
• This action follows a Supreme Court ruling that found Trump exceeded his authority by using a federal emergency-powers law to impose previous sweeping tariffs.
• Trump can maintain the 10% tariffs for 150 days and plans to use this period to prepare other import taxes.
• The lack of clarity from Washington has caused global confusion, leading EU and Indian officials to pause ongoing trade negotiations.

US President Donald Trump has implemented new 10% global tariffs after a Supreme Court ruling struck down most of his previous duties. This move has created significant confusion globally, leading to paused trade negotiations and threats of even higher tariffs against countries perceived as 'playing games' with existing trade agreements.