#TrumpAnnouncesNewTariffs

Trump announced a 10% global tariff starting February 20, 2026, after the U.S. Supreme Court found IEEPA tariffs unconstitutional. This tariff will be in effect for 150 days and will exclude certain products.

*Tariff Details:*

- *Rate:* 10%
- *Duration:* 150 days
- *Excluded Products:* Critical minerals, electronics, pharmaceuticals, aerospace products, passenger vehicles, and agricultural products

*Impacts:*

- Average additional cost of $1,000-$1,300 for U.S. households
- Expected 0.5% decrease in economic growth
- Price increases in some sectors and supply chain disruptions

*Reactions:*

- China has started applying zero tariffs to African countries in response to U.S. tariffs
- Countries like Canada and Mexico are taking their own measures against U.S. tariffs

These developments are increasing uncertainty in global trade and markets.