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.
Britain imposed its largest package of sanctions on Russia in years on Tuesday (24 February), marking the fourth anniversary of Moscow’s invasion of...
An Iranian military helicopter has crashed in the city of Dorcheh, in Iran on Tuesday, causing the death of the pilot, co-pilot and two market sellers...
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 ...
Torrential downpours have triggered deadly mudslides and widespread flooding in southern Peru, leaving at least seventeen people dead - including fift...
The U.S. ambassador to France, Charles Kushner, has been banned from meeting members of the French government after not showing up at the Foreign Affa...
An Iranian military helicopter has crashed in the city of Dorcheh, in Iran on Tuesday, causing the death of the pilot, co-pilot and two market sellers, state media reported.
Torrential downpours have triggered deadly mudslides and widespread flooding in southern Peru, leaving at least seventeen people dead - including fifteen killed in a military helicopter crash - as hundreds of districts across the country remain under a state of emergency.
The U.S. ambassador to France, Charles Kushner, has been banned from meeting members of the French government after not showing up at the Foreign Affairs ministry, where he had been summoned over comments on the killing of a French far-right activist last week, diplomatic sources said on Monday.
Thailand and the United States, alongside 28 partner nations, began Southeast Asia’s largest and longest-running military exercise, the 45th Cobra Gold, on Tuesday (24 February) in Rayong province, Thailand.
Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
The United States and Iran will hold a new round of nuclear negotiations in Geneva on Thursday as part of renewed diplomatic efforts to reach a potential agreement, Oman’s Foreign Minister Badr Albusaidi announced on Sunday.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
Mexican authorities said on Sunday that Nemesio Oseguera Cervantes, known as El Mencho and head of the Jalisco New Generation Cartel (CJNG), was killed during a military operation in the western state of Jalisco.
Syria has secured a $50 million financing package from the World Bank to support transport infrastructure projects as the country advances its economic recovery efforts, Syrian media reported on Sunday.
Britain imposed its largest package of sanctions on Russia in years on Tuesday (24 February), marking the fourth anniversary of Moscow’s invasion of Ukraine, as London also announced fresh military and humanitarian support for Kyiv.
Torrential downpours have triggered deadly mudslides and widespread flooding in southern Peru, leaving at least seventeen people dead - including fifteen killed in a military helicopter crash - as hundreds of districts across the country remain under a state of emergency.
The U.S. ambassador to France, Charles Kushner, has been banned from meeting members of the French government after not showing up at the Foreign Affairs ministry, where he had been summoned over comments on the killing of a French far-right activist last week, diplomatic sources said on Monday.
Thailand and the United States, alongside 28 partner nations, began Southeast Asia’s largest and longest-running military exercise, the 45th Cobra Gold, on Tuesday (24 February) in Rayong province, Thailand.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of February, covering the latest developments you need to know.
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