![\"Donald](\"https:\/\/static.toiimg.com\/thumb\/msid-128634664,imgsize-575243,width-400,resizemode-4\/128634664.jpg\" "\\"Donald")
<\/div>\nUS President Donald Trump on Thursday signed a proclamation imposing a 10 per cent temporary import surcharge on most goods entering the United States, after the Supreme Court deemed the tariffs imposed on different countries “illegal”.Thereafter, invoking emergency powers under Section 122 of the Trade Act of 1974 to address what he described as \u201cfundamental international payment problems, Trump signed an order stating that the duty will take effect at 12.01 am EST from February 24, and will remain in force for 150 days, unless extended by Congress. <\/p>\n Donald Trump Strikes Back At Supreme Court, Rolls Out New 10% Worldwide Tariff Blitz | US News<\/p>\n<\/div>\n<\/div>\n <\/p>\n After the supreme court verdict, Trump announced the 10 per cent global tariffs. The administration argues that the United States is facing a large and serious balance-of-payments deficit, citing:<\/p>\n According to the White House, the widening balance-of-payments deficit and growing reliance on imports pose significant risks to the US economy. Officials warned that persistent deficits could weaken investor confidence, increase dependence on foreign production for critical goods, and undermine both economic stability and national security.The administration argues that imposing temporary import restrictions will help stem the outflow of US dollars to overseas producers, encourage domestic manufacturing, and restore balance in the country\u2019s trade position. Officials say the measure is intended to support American industries, strengthen economic resilience, and reduce structural imbalances in international payments.Read more: How much tariff will India pay after US SC ruling, Trump\u2019s 10% global duty? What White House said<\/a><\/p>\n Under Section 122 authority, President Trump has:<\/p>\n <\/p>\n The proclamation includes broad exemptions based on economic necessity and national interest.Key exemptions include:<\/p>\n <\/p>\n The move is based on Section 122 of the Trade Act of 1974, which allows the US President to impose temporary import restrictions of up to 15% for a maximum of 150 days to address serious balance-of-payments problems. The administration has also used Section 604 of the same law to modify the country\u2019s tariff schedule and implement the new duty.The action has been taken under broader presidential powers granted by Title 3 of the US Code. The White House said the measure is not aimed at protecting specific industries, but at addressing wider economic imbalances and stabilising the country\u2019s international payments position.Also read: Why US Supreme Court struck down Donald Trump’s trade tariffs; explained in 10 points<\/a><\/p>\n In a parallel executive order, the administration reaffirmed the suspension of duty-free de minimis treatment for low-value imports. Such shipments will also be subject to the new 10% surcharge.De minimis shipments are low-value international, business-to-consumer (B2C) packages allowed to enter a country duty-free and tax-free, with minimal customs procedures.<\/p>\n The move signals continued reliance on tariffs as a structural tool in US trade policy.The administration stated that despite recent legal challenges to tariff authorities, it will continue reshaping trade relationships through a mix of tariffs and negotiated agreements.Officials argue that previous tariff actions have brought major trading partners \u201cto the negotiating table,\u201d covering more than half of global GDP.<\/p>\n The surcharge will remain in effect until July 24, 2026, unless:<\/p>\nWhy the global tariffs?<\/h2>\n<\/p>\n
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What exactly has been announced?<\/h2>\n<\/p>\n
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Which products are exempt?<\/h2>\n<\/p>\n
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What is the legal basis?<\/h2>\n<\/p>\n
What about de minimis shipments?<\/h2>\n<\/p>\n
How does this fit into Trump\u2019s broader trade policy?<\/h2>\n<\/p>\n
What happens next?<\/h2>\n<\/p>\n
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