Trump imposes 10% global tariff after stinging court rebuke - News Summed Up

Trump imposes 10% global tariff after stinging court rebuke


US trading partners that reached tariff deals with Trump's administration will now also face a 10 percent duty, despite higher levels they may have agreed on previously, the White House said. But a White House official told AFP that the Trump administration would seek ways to "implement more appropriate or pre-negotiated tariff rates" down the line. Still, it marked Trump's biggest defeat at the Supreme Court since returning to the White House 13 months ago. - Doubts on refunds -The Trump administration in court arguments said companies would receive refunds if the tariffs were deemed unlawful. Canada, which has faced repeated tariff threats as Trump questioned the sovereignty of the northern neighbor, said the Supreme Court showed the levies were "unjustified," but the country braced for more turbulence.


Source: Bangladesh Sangbad Sangstha February 21, 2026 03:26 UTC



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