Home Business Trump Signals Tariff Hikes for Countries That Fail to Honor Trade Deals

Trump Signals Tariff Hikes for Countries That Fail to Honor Trade Deals

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trump-signals-tariff-hikes-for-countries-that-fail-to-honor-trade-deals
Trump Signals Tariff Hikes for Countries That Fail to Honor Trade Deals
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Trump reiterated that he does not need congressional authorization for tariffs.European Commission President Ursula von der Leyen shakes hands with U.S. President Donald Trump during a meeting at Trump Turnberry golf club in Turnberry, Scotland, on July 27, 2025. Andrew Harnik/Getty Images2/23/2026|Updated: 2/23/2026President Donald Trump said on Feb. 23 that he may implement higher tariffs on countries that “play games” following last week’s Supreme Court ruling.Over the weekend, the president rolled out a new round of tariff hikes, raising the temporary import duty on all foreign goods entering the United States to 15 percent from 10 percent.

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