TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Trump hikes US global tariff rate to 15%

The Editor by The Editor
February 21 2026
in Business, Global News
A A
0
Trump rules out contesting for vice president to stay in power after 2028
22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

President Donald Trump raised the global duty on imports into the United States to 15 per cent on Saturday, doubling down on his promise to maintain his aggressive tariff policy a day after the Supreme Court ruled much of it illegal.

Trump said on his Truth Social platform that after a thorough review of Friday’s “extraordinarily anti-American decision” by the court to rein in his tariff program, the administration was hiking the import levies “to the fully allowed, and legally tested, 15% level.”

Shortly after the court’s 6-3 ruling that rejected the president’s authority to impose tariffs under a 1977 economic emergency powers act, Trump had initially announced a new 10 percent global levy by invoking a different legal avenue.

At the same time, the Republican launched an extraordinary personal attack on the conservative justices who had sided with the majority, slamming their “disloyalty” and calling them “fools and lap dogs.”

The ruling was a stunning rebuke by the high court, which has largely sided with the president since he returned to office, and marked a major political setback in striking down Trump’s signature economic policy that has roiled the global trade order.

Saturday’s announcement is sure to provoke further uncertainty as Trump carries on with a trade war that he has used to cajole and punish countries, both friend and foe.

It is the latest move in a process that has seen a multitude of tariff levels for countries sending goods into the United States set and then altered or revoked by Trump’s team over the past year.

The new duty by law is only temporary — allowable for 150 days. According to a White House fact sheet, exemptions remain for sectors that are under separate probes, including pharma, and goods entering the US under the US-Mexico-Canada agreement.

On Friday, the White House said US trading partners that reached separate tariff deals with Trump’s administration would also face the new global tariff.

Friday’s court ruling did not impact sector-specific duties Trump separately imposed on steel, aluminum and various other goods. Government probes still under way could lead to additional sectoral tariffs.

But it nevertheless marked Trump’s biggest defeat at the Supreme Court since returning to the White House 13 months ago. The court has generally expanded his power.

Trump heaped praise on the conservative justices who voted to uphold his authority to levy tariffs — Clarence Thomas, Samuel Alito and Brett Kavanaugh, a Trump nominee — thanking them “for their strength and wisdom, and love of our country.”

The president alleged the majority of six justices, including two nominated during his first term, had been “swayed by foreign interests.”

“I think that foreign interests are represented by people that I believe have undue influence,” he said.

Shares on Wall Street — a metric closely watched by Trump — rose modestly Friday after the decision, which had been expected.

Business groups largely cheered the ruling, with the National Retail Federation saying this “provides much-needed certainty” for companies.

In court arguments, the Trump administration said companies would receive refunds if the tariffs were deemed unlawful. But the Supreme Court’s ruling did not address the issue.

Trump said he expected years of litigation on whether to provide refunds. Kavanaugh noted the refund process could be a “mess.”

Several countries have said they are studying the Supreme Court ruling and Trump’s subsequent tariff announcements.

German Chancellor Friedrich Merz said Saturday he would hold talks with European allies to formulate “a very clear European position” and joint response to Washington before he travels to the US capital in early March.

On the domestic front, Pennsylvania Governor Josh Shapiro, a Democrat, said on X it was time for Trump to “listen to the Supreme Court, end chaotic tariffs, and stop wreaking havoc on our farmers, small business owners, and families.” – AFP.

Share9Tweet6
Previous Post

Gabonese Presidency defends social media shutdown

Next Post

Burnley condemn racist abuse of Hannibal after Chelsea draw

Related Posts

Folly of Nigeria’s oil dependency – Punch
Business

US-Iran war: Petrol price surge sparks relief calls

March 16 2026
30 banks meet CBN recapitalisation rules as deadline nears
Business

CBN bars loan defaulters from accessing banking services, new credit

March 13 2026
US military refueling aircraft crashes in Iraq
Global News

US military refueling aircraft crashes in Iraq

March 13 2026
Senegal lawmakers back tougher anti-LGBTQ+ law
Global News

Senegal lawmakers back tougher anti-LGBTQ+ law

March 13 2026
Iran’s new supreme leader vows revenge
Global News

Iran’s new supreme leader vows revenge

March 13 2026
FirstBank boosts home ownership for Nigerians with single-digit interest rate loan
Business

FirstBank boosts home ownership for Nigerians with single-digit interest rate loan

March 13 2026
Next Post
Burnley condemn racist abuse of Hannibal after Chelsea draw

Burnley condemn racist abuse of Hannibal after Chelsea draw

Ex-soldier condemns poor army welfare, calls for better care

Ex-soldier condemns poor army welfare, calls for better care

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Chicago Varsity releases Tinubu’s records to Atiku

Nigeria’s poverty rate jumps to 63% after subsidy removal

by The Editor
March 13 2026
0

...

Cross River Assembly sacks LG vice chair over misconduct

Cross River Assembly sacks LG vice chair over misconduct

by The Editor
February 24 2026
0

...

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

by The Editor
February 22 2026
0

...

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

APPOINTMENTS

Pres. Tinubu nominates Yuguda as CBN Deputy Governor

Pres. Tinubu nominates Yuguda as CBN Deputy Governor

by The Editor
March 13 2026
0

...

WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

WorldStage announces strategic employments with Bamidele Famoofo joining as Editor

by The Editor
March 13 2026
0

...

Rivers State not for political war, says Fubara

Fubara appoints new Chief of Staff, SSG

by The Editor
February 26 2026
0

...

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

by The Editor
February 24 2026
0

...

ODDITIES

Insults, pressure pushed women into BBL – Nkechi Blessing

Insults, pressure pushed women into BBL – Nkechi Blessing

by The Editor
March 13 2026
0

Nigerian nurse loses licence for sleeping during shift in Australia

Nigerian nurse loses licence for sleeping during shift in Australia

by The Editor
January 24 2026
0

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

GLOBAL NEWS

US military refueling aircraft crashes in Iraq

US military refueling aircraft crashes in Iraq

by The Editor
March 13 2026
0

...

Senegal lawmakers back tougher anti-LGBTQ+ law

Senegal lawmakers back tougher anti-LGBTQ+ law

by The Editor
March 13 2026
0

...

Iran’s new supreme leader vows revenge

Iran’s new supreme leader vows revenge

by The Editor
March 13 2026
0

...

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

by The Editor
February 25 2026
0

...

Russian spy agency takes over Wagner operations in Africa

Russian spy agency takes over Wagner operations in Africa

by The Editor
February 21 2026
0

...

State of the States

Lagos launches online system for building permits

Lagos launches online system for building permits

by The Editor
March 13 2026
0

...

Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

by The Editor
February 26 2026
0

...

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

by The Editor
February 21 2026
0

...

Ogun: Royal houses reject candidate for new Olowu

Residents protest as bandits attack Ondo community, abduct couple

by The Editor
February 21 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu finally appoints ambassadors

FG alleges plot to embarrass Tinubu

March 16 2026
Folly of Nigeria’s oil dependency – Punch

US-Iran war: Petrol price surge sparks relief calls

March 16 2026
Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

Tinubu appoints Fola Adeola to chair new taskforce on petroleum reform

March 13 2026
30 banks meet CBN recapitalisation rules as deadline nears

CBN bars loan defaulters from accessing banking services, new credit

March 13 2026

EDITORIAL REVIEW

Imo ‘Tiger Base’ atrocities stain democracy – Punch

Imo ‘Tiger Base’ atrocities stain democracy – Punch

by The Editor
March 13 2026
0

Young Nigerians need jobs – Punch

Young Nigerians need jobs – Punch

by The Editor
March 13 2026
0

Accountability and the states – Thisday

Accountability and the states – Thisday

by The Editor
March 13 2026
0

Escaping Nigeria’s looming debt trap – Punch

Escaping Nigeria’s looming debt trap – Punch

by The Editor
February 20 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Pay local contractors – Punch

by The Editor
February 4 2026
0

Opinion

Wanted: Drastic police reform under Tunji Disu

Wanted: Drastic police reform under Tunji Disu

by The Editor
March 13 2026
0

...

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.