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The Economic Times

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Trumps second act on tariffs takes effect with 10% duty on the world. For now

US President Trump enacted a new 10% global tariff, a day after the Supreme Court struck down his previous duties. This move, authorized under the 1974 Trade Act, aims to maintain his trade policy despite growing uncertainty among major trading partners like India and the EU, who have paused trade talks.

24 Feb 2026 11:35 am