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US Starts Collecting Trump's 10% Tariff - Global Trade in Turmoil

The Trump administration has kicked off its new tariff regime, sending shockwaves through global trade as businesses brace for higher costs and legal challenges. This seismic policy shift promises to reshape international markets.

24 Hours President Trump’s sweeping tariffs are now in effect, upending global trade dynamics and sparking widespread legal challenges. The administration collects a 10% tariff that is set to drive up costs for businesses and consumers. Fed Chair Powell warned that these measures could trigger higher inflation and slow growth. Meanwhile, judicial orders demand the return of mistakenly deported individuals, and a robust March jobs report defies economic gloom. China retaliates with steep export curbs, while the Supreme Court backs Trump on freezing education grants, intensifying a multifront clash over policy and governance.

Number 10% - New US tariff rate shaking global trade norms.

Quote "China played it wrong, they panicked – the one thing they cannot afford to do" — President Trump