President Donald Trump declared a 10% global customs tariff on all countries following a significant judicial ruling by the Supreme Court that invalidated his extensive global tariffs. This announcement, made via his social media platform "Truth Social," highlights Trump's continued push for tariffs on international trade despite facing legal setbacks. The potential economic implications of such tariffs could be far-reaching, affecting consumer prices and international trade relations.

In an executive order issued from the White House, Trump indicated that his administration would also roll back certain previously imposed customs measures that were deemed invalid following the Supreme Court's decision. His statement signaled an attempt to maintain a strong stance on trade policy, portraying the tariffs as a matter of national interest. The specific instructions outlined in the executive order emphasized that the additional tariffs enacted under previous emergency economic powers will no longer be collected, streamlining the customs enforcement process going forward.

The implementation date is set for February 24, further indicating the urgency behind this decision. This move could have various implications for global trade dynamics, particularly as countries now adjust to these new tariffs. Observers will be watching closely to see how this impacts Trump's administration and its relationship with both allied and non-allied nations as the U.S. navigates through these challenging economic waters.