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Trump tariff chaos: What does 15% levy mean for trade deals the US signed?

February 22, 2026

The United States Supreme Court’s ruling, which declared Donald Trump’s sweeping tariffs unlawful, has injected uncertainty into global trade yet again, as the US president imposed a new 15 percent tariff on Saturday. Weeks after his inauguration in January 2025, Trump imposed tariffs against foes and allies using the International Emergency Economic Powers Act (IEEPA), unleashing a trade war that rattled global trade. Recommended Stories list of 3...

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