Trade

Trump Boosts New Tariff Rate to 15% a Day After Announcing 10%

President Donald Trump during a news conference in the James S. Brady Press Briefing Room of the White House in Washington, DC, on Feb. 20.
Photographer: Bonnie Cash/UPI/Bloomberg

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By Catherine Lucey and María Paula Mijares Torres

February 21, 2026 at 4:08 PM UTC

Updated on

February 21, 2026 at 7:20 PM UTC

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President Donald Trump said he will increase the global 10% tariff he announced one day earlier to 15%, stirring up more economic turbulence as he lashed out at the US Supreme Court over its ruling that his preferred mechanism for applying tariffs was illegal.