Posted on 02/24/2026 7:53:30 AM PST by Kleon
The Trump administration on Tuesday imposed a 10 percent tariff on all goods not covered by current exemptions, returning to the global rate first announced by President Trump after the Supreme Court struck a blow to the bulk of his emergency import taxes.
U.S. Customs and Border Protection (CBP) released a notice on Monday night showing imports would “be subject to an additional ad valorem rate of 10%,” despite Trump suggesting on Saturday that the rate would increase to 15 percent.
(Excerpt) Read more at thehill.com ...
Dear FRiends,
We need your continuing support to keep FR funded. Your donations are our sole source of funding. No sugar daddies, no advertisers, no paid memberships, no commercial sales, no gimmicks, no tax subsidies. No spam, no pop-ups, no ad trackers.
If you enjoy using FR and agree it's a worthwhile endeavor, please consider making a contribution today:
Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you,
Jim
Is this The Hill trying to call President Trump a liar? 🙄 They are so lame!
I think it’s more of a TACO Tuesday thing, not a lie. It explains why investors didn’t respond to the 15% news.
The Hill is lying through omission, first Trump reimposed the 10% then later added 5%, it takes time for these things to catch up. This is the Hill using that to create a lie to further a narrative.
Exactly. The initial hike is limited to 10%. The 5% had to follow.
Well per the law you have to give 3 days notice. So he’d need to wait 1 more day to do the 15%.
Make em pay!!!
Today’s finance situation is the payback for the FED borrowing from itself starting around 2000. They bought some time and now the payback has started. Their next move should be interesting.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.