In a significant move, U.S. President Donald Trump has enacted a decree to apply a 10% tariff on imports from all countries. This decision comes on the heels of a recent Supreme Court ruling that deemed many of his previously imposed tariffs on U.S. trading partners illegal. Trump characterized this new global tariff as a matter of personal pride, posting on his Truth Social account that he signed the decree in the Oval Office and emphasized its immediate implementation.

Citing the Article 122 of the Trade Act of 1974, Trump asserted that this legal framework empowers him to levy tariffs of up to 15% for a period of 150 days without consulting Congress. He expressed confidence that the revenue generated from these tariffs would increase and stated that the new 10% global tariffs would be added to existing tariffs, thus intensifying the trade pressure on various nations. This unilateral imposition of tariffs signals a continued trend in U.S. trade policy under Trump's administration, which has often favored protectionist measures.

The implications of these tariffs could be substantial, potentially straining trade relations with numerous countries and escalating tensions in global commerce. This action reflects Trump's ongoing commitment to prioritizing American economic interests, even amidst legal challenges and international criticism. Observers will be closely monitoring the responses from affected nations and the economic ripple effects that could result from this broad tariff strategy.