U.S. President Donald Trump’s new 10% global tariffs have come into effect, hours after the Supreme Court blocked many of his sweeping import taxes in a 6–3 ruling. Allies around the world are weighing possible retaliation, while markets brace for further upheaval.
Following the court’s decision on Friday (20 February), President Trump signed an executive order introducing the levy from 24 February under Section 122 of the 1974 Trade Act, which allows temporary tariffs to be imposed for up to 150 days without congressional approval.
Trump had previously said the rate would be set at 15%, but no directive increasing it beyond 10% has been issued. The White House has been approached for comment.
The executive order states that the tariff is intended to address “fundamental international payments problems” and to rebalance trade in favour of American workers, farmers and manufacturers.
The President argues the measures are necessary to reduce the U.S. trade deficit, which widened by 2.1% compared with 2024 to approximately $1.2 trillion. The administration has already collected at least $130bn in tariffs using the 1977 International Emergency Economic Powers Act.
The United Kingdom said no reciprocal action was “off the table” if Washington failed to honour its tariff agreement, although it added that “no one wants a trade war.”
The European Union said it would suspend ratification of a summer trade deal, while officials in the European Parliament called for further clarity.
India also said it would defer previously scheduled talks aimed at finalising a recent agreement.
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The other evening, I was fuelling my car at a petrol station in Kenya’s capital. It was one of those small moments most motorists barely notice. The attendant filled the tank, I glanced at the pump price, paid, and drove off.
The war in the Middle East is beginning to disrupt the flow of critical medicines to Gulf countries, raising concerns about the supply of cancer treatments and other temperature-sensitive drugs, according to pharmaceutical industry executives.
Russia has imposed a fine of 35 million roubles (around $432,366) on the messaging platform Telegram for failing to remove content deemed illegal by the authorities, according to the Interfax news agency.
Nicolas Sarkozy is due back in court on Monday as he challenges a conviction linked to claims his 2007 election campaign sought financial backing from Libya under former leader Muammar Gaddafi.
Iran says it is open to talks with countries seeking safe passage through the Strait of Hormuz - disrupted by recent attacks - as Israel continues to launch wide‑scale strikes on Iranian infrastructure in the west. This live report tracks the latest developments.
The Academy Awards nominations have been announced, with the crime drama Sinners leading the race securing a record 16 nominations ahead of the ceremony set for 15 March. The event, which honours the film industry’s top achievements over the past year, will be hosted by comedian Conan O'Brien.
A number of flights have resumed to and from Dubai International Airport, after a drone strike early on Monday resulted in the temporary suspension of operations at the world's busiest air hub. It comes as the Middle East conflict enters its 16th day.
Two Indian-flagged tankers, Shivalik and Nanda Devi, carrying 92,700 metric tons of liquefied petroleum gas (LPG), are en route to India despite disruptions in the Strait of Hormuz caused by the ongoing U.S.-Israeli conflict with Iran, the Indian Foreign Ministry said on Saturday (14 March).
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 15 March, covering the latest developments you need to know.
Russia has imposed a fine of 35 million roubles (around $432,366) on the messaging platform Telegram for failing to remove content deemed illegal by the authorities, according to the Interfax news agency.
Madagascar's president, Michael Randrianirina announced the appointment of anti-corruption chief Mamitiana Rajaonarison as prime minister, six days after dismissing the previous premier along with the entire cabinet.
Nicolas Sarkozy is due back in court on Monday as he challenges a conviction linked to claims his 2007 election campaign sought financial backing from Libya under former leader Muammar Gaddafi.
Myanmar's Parliament will has convened for the first in the five years since the current military administration seized power five years ago ousting Nobel winner Aung San Suu Kyi.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 16 March, covering the latest developments you need to know.
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