According to a report from The Financial Times, President Donald Trump has declared that the global import tariffs will be maintained at ten percent for the time being. This announcement follows previous indications that the tariffs could be raised to fifteen percent. The decision reportedly stems from consultations with U.S. customs officials, who highlighted the complexities of implementing higher tariffs at this time.

The tariffs are set to take effect today and are expected to last for 150 days. There are indications from the White House that the administration is considering implementing higher tariffs in the future, although specific details have not yet been released. This uncertainty may reflect ongoing negotiations and the administration's efforts to balance trade relations with various international partners while protecting domestic industries.

The U.S. Supreme Court's recent ruling that tariffs imposed on trade partners based on a state of emergency are unconstitutional adds another layer to the evolving situation. This legal backdrop could influence the administration’s strategy regarding tariffs and trade policy moving forward, particularly as it grapples with legal challenges and the potential implications for international trade relations.