Sign in

10% or 15% tariff? US customs rolls out 10% levy, Trump admin says 'working to increase' it to 15%

US President Trump had announced the 15% hike on tariffs on Saturday, after formally announcing new 10% duties under Section 122 of the Trade Act of 1974.

Updated on: Feb 25, 2026, 05:53:57 IST
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

Hours after the US Customs and Border Protection agency notified new 10 per cent global tariffs, the President Donald Trump-led administration said it is working to increase the levy to 15 per cent.

A White House official on Tuesday said that Trump has had “no change of heart” regarding his decision to impose a 15% tariff rate. (REUTERS)
A White House official on Tuesday said that Trump has had “no change of heart” regarding his decision to impose a 15% tariff rate. (REUTERS)

A White House official on Tuesday said that Trump has had “no change of heart” regarding his decision to impose a 15% tariff rate, Reuters news agency reported.

The US President had announced the 15% hike on tariffs on Saturday, after formally announcing new 10% duties under Section 122 of the Trade Act of 1974. These duties will replace the earlier tariffs under the International Emergency Economic Powers Act (IEEPA), 1977.

The White House official did not elaborate on the timeline for the notification of the hiked 15% tariffs, saying there was no further detail on that, according to Reuters.

Also Read | EU halts vote on US trade deal while Trump threatens 'more obnoxious' tariffs

The new tariffs come after the US Supreme Court, in a 6-3 ruling, deemed the emergency tariffs under IEEPA to be illegal.

What did the US customs notice say?

In a notice described as intended to “provide guidance regarding the February 20, 2026 Presidential Proclamation”, the US Customs and Border Protection agency on Tuesday stated that aside from the exempted products, all imports would be “subject to an additional ad valorem rate of 10%.”

However, the lower rate, after the US President having announced hike tariffs from 10 to 15 per cent, has added to confusion around America's trade policy. The Customs notice also did not clarify why the lower rate had been rolled out.

A report by The Financial Times had earlier cited a White House official as saying that the increase up to 15 per cent would come later. Under Section 122, the maximum tariffs imposed can be 15 per cent, with the duty staying in place for 150 days, unless the US Congress decides to extend it.

The law allows the president to impose duties for to address "large and serious" balance-of-payments deficits and “fundamental international payments problems.” The US Customs started collecting the new tariffs around midnight, with the collection of earlier IEEPA tariffs being annulled.

  • Arya Mishra
    ABOUT THE AUTHOR
    Arya Mishra

    Arya Mishra is a Content Producer at Hindustan Times, based in New Delhi, and a key member of the digital news team focusing on urgent breaking developments across India and the world. With a sharp editorial instinct and strong reporting skills, Arya covers high-impact crime incidents, public safety and justice issues, political developments, education policy and international affairs, consistently delivering clear, accurate and timely journalism. Her recent reporting highlights include detailed coverage of serious criminal cases, politics as well as analyses of national education reforms and international diplomatic moves. On the world news front, she has written about global trade policy changes and security developments, including tariff shifts by the United States and strategic counter-terrorism strategies being rolled out by Ministry of Home Affairs. Arya thrives in fast-paced environments – running live blogs, crafting in-depth explainers and real-time news coverage that keeps readers informed as stories evolve. Before joining Hindustan Times, she was a part of The Indian Express online team. Outside the newsroom, she is an avid reader, with a love for thriller and suspense fiction, and enjoys music as a way to unwind. With more than three years of experience in dynamic newsrooms, Arya brings curiosity, clarity and commitment to every story she covers.Read More

Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.