On February 24, 2026, the U.S. Customs and Border Protection (CBP) announced that starting on Tuesday, a new 10% tariff will be imposed on all non-exempt goods imported into the United States. This tariff rate was initially announced by President Trump last Friday, on February 20, and not the 15% rate he announced the following day. White House officials indicated that the Trump administration is preparing to increase the tariff to 15%.
Following the Supreme Court’s ruling on February 20 that Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were unlawful, Trump immediately invoked the authority granted by Section 122 of the Trade Act of 1974 to announce the new 10% tariff, replacing the equivalent tariffs and fentanyl-related tariffs previously imposed under the IEEPA.
The CBP issued a notice on Tuesday regarding the “Provisional Presidential Proclamation dated February 20, 2026.” CBP stated that, with the exception of exempt goods, all imported goods will be subject to an additional 10% ad valorem duty.
The new tariff went into effect at 12:01 AM on February 24 and will remain in place until July 24. Previously invalidated tariff collection efforts have been suspended, with tariff rates ranging from 10% to as high as 50%.
Certain crucial imported goods to the U.S. are exempted from the 10% tariff, as outlined in the announcement made by the White House last Friday on February 20. These exempted goods include key minerals, certain electronics, beef, tomatoes, and pharmaceuticals.
CBP did not explain in its announcement why the government opted for the lower 10% rate instead of the 15% later announced by Trump.
According to Reuters, a White House official stated on Tuesday that the Trump administration is preparing to increase the newly announced temporary global tariff rate of 10% to 15%.
The official mentioned that Trump has not abandoned the idea of raising the tariff rate to 15%, but details on when this increase will take place are yet to be determined. CBP can only impose tariffs based on official executive orders or information published in announcements.
In a report, Deutsche Bank stated, “Trump will deliver the State of the Union address tonight, which might provide more clarity on the next steps regarding tariff measures.”
“In general, we still believe that the effective tariff rates for this year will decrease, and the global tariff levels post-Supreme Court ruling will be lower than before the ruling,” said an analyst from Deutsche Bank.
After the Supreme Court ruling, the actual tariff rates imposed by the U.S. on China have decreased. Nevertheless, as reported by The Wall Street Journal, Trump still holds powerful tools to exert pressure on China, from blocking the sale of advanced-process chips, jet engines, and other high-tech equipment to threatening new tariffs based on China’s failure to fulfill past trade commitments.
During his first presidential term, Trump reached a trade agreement with China. The U.S. government is currently conducting a legal review of the trade agreement. If the investigation reveals that China has not fulfilled its commitments under the agreement, the U.S. government will have a new legal basis to impose tariffs on Chinese goods.
According to a report by Huari Daily, despite the Supreme Court limiting Trump’s ability to impose tariffs comprehensively, the Trump team has shifted to more targeted tactics using national security rules and focused investigations, which may provide a stronger legal basis for tariff imposition.
U.S. Trade Representative Jamieson Greer stated on ABC’s “This Week” program on February 22 that the Trump administration will utilize other legal tools to reshape trade policy, including Section 301 and Section 232, which have withstood legal challenges.
He revealed that the U.S. Trade Representative’s Office has initiated investigations into Brazil and China and plans to launch inquiries into various sectors, such as industrial overcapacity.