US President Donald Trump speaks during a press conference in the Brady Press Briefing Room of the White House (AFP)

Trump signs global 10% tariff, says it will take effect ‘almost immediately’

US President Donald Trump on Saturday imposed a 10% “global tariff” on all US trading partners, hours after a Supreme Court ruling that struck down the Trump administration’s reciprocal tariffs imposed in April. White House officials subsequently clarified that for countries like India that have signed trade agreements with the US, tariff levels will temporarily…

Read More
US President Donald Trump speaks during a press conference in the Brady Press Briefing Room of the White House (AFP)

Trump tariff news: What are Sections 232, 301 and 122? Additional 10% tariff reveal sparks buzz

President Donald Trump on Friday reacted to the Supreme Court’s ruling on tariffs, announcing an additional 10% global tariff under Section 122. The 79-year-old mentioned two more sections during his press conference – Section 232 and Section 301. This comes after SCOTUS ruled that Trump exceeded his authority to impose the ‘Liberation Day’ tariffs. US…

Read More