Trump announces plan to sign order for 10 percent global tariff

President Trump announced on Friday that he will sign an order imposing a 10 percent global tariff. The move utilizes Section 122 of the 1974 Trade Act.

United States USUS President Donald Trump announced today, February 20, 2026, that he will sign an order to impose a 10% global tariff. This action is to be taken under Section 122 of the Trade Act of 1974, which provides the statutory authority for the implementation of a uniform, economy-wide tariff measure. This move represents a significant change in the legal and economic framework for trade actions and alters U.S. trade policy toward imports.
U.S. President Donald Trump and Secretary of Commerce Howard Lutnick attend a press briefing at the White House following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. REUTERS/Elizabeth Frantz
U.S. President Donald Trump and Secretary of Commerce Howard Lutnick attend a press briefing at the White House following the Supreme Court's ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. REUTERS/Elizabeth Frantz
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