Trump tariffs live updates: Trump’s 10% tariffs take effect as US threatens to raise 'global' levy to 15%

President Trump's new 10% global tariffs kicked in on Tuesday, as the fallout continues from the Supreme Court's ruling invalidating his most sweeping duties.

The president signed an executive order late Friday imposing the 10% tariffs under Section 122 of the Trade Act of 1974. That went into effect early Tuesday — though Trump has subsequently threatened to raise the levy to 15%.

On Monday, the US Customs and Border Protection agency said that it will stop all collections of tariffs imposed under the International Emergency Economic Powers Act (IEEPA).

Elsewhere, European Union lawmakers postponed a vote to ratify the EU's trade deal with the US, saying it needs "full clarity" on Trump's next steps before proceeding. Later, an assessment from the bloc found that Trump's newly instituted tariff likely violates the agreement.

Japan's Trade Minister Ryosei Akazawa has asked the US to ensure that new tariff measures would not leave Tokyo with harsher conditions than those agreed in last year's trade agreement.

Trump has spent the last several days furiously responding to the high court's ruling. His first solution — the Section 122-imposed tariff — allows the president to impose tariffs of up to 15% for up to 150 days to address trade deficits. After 150 days, Congress would need to approve any extension.

The decision will have wide-ranging ramifications, affecting global trade, consumers, companies, inflation and the pocketbooks of every American. In recent weeks, Trump has already made plans to roll back some tariffs on metals, including on steel and aluminum goods, as he and his administration seek to battle an affordability crisis ahead of the midterm elections.

The SCOTUS ruling also raised the question of refunds, which could return over $100 billion to importers in the months ahead.

Read more: *What Trump promised with his 'Liberation Day' tariffs — and what he delivered*

Trump’s 10% levy takes effect as US rebuilds tariff wall

President Trump's 10% global tariffs kicked in today, following the administration's trade agenda to maintain the tariff regime after the US Supreme Court struck down Trump's original "Liberation Day" tariffs on Friday.

Trump signed the executive order for 10% global tariffs on Friday, just a few hours after the ruling. The president threatened to raise them to 15%, but has not issued an official directive to do so.

Reports state that Trump and his team are currently working on raising the rate to 15% from 10%.

Bloomberg News reports:

'We don't want to be some sort of hostage': EU considers response to latest Trump tariffs

France's trade minister on Saturday said the European Union has the tools to respond to President Trump's latest round of tariffs, the Financial Times reported. Nicolas Forissier saiad EU members should take a "united approach" to the extra levies — now at 15% — that Trump announced a day after a Supreme Court decision invalidated most of his previous tariffs.

Italian exports to US rise 7% in 2025 despite Trump's tariffs