US imposes 10% tariff on most imports
Change
The United States implemented a 10 percent tariff on imported goods not covered by exemptions.
Why it matters
US Customs and Border Protection issued a notice imposing an additional 10% tariff on all goods not covered by exemptions. The tariff applies globally to imported goods unless a specific exemption applies. The tariff took effect from Tuesday, 24 Feb 2026. The president initially announced a temporary global 10% tariff and later said he would raise that level to 15%.
Implications
- • Imported shipments without qualifying exemptions are assessed an added 10% duty at import clearance.
- • US Customs and Border Protection applies and collects the additional tariff under its notice.
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