US President Trump Announces Additional 10% Import Tariff Effective in 3 Days

US President Donald Trump announced an extra 10% duty on all imports to the United States, stating that the measure will take effect in 3 days following a Supreme Court decision that struck down earlier tariffs. 

Details of the New 10% Tariff 

The additional duty will be levied on top of existing rates and is expected to apply under Section 122 of the Trade Act of 1974. This provision allows the president to impose import surcharges of up to 15% when a large balance‑of‑payments deficit exists.  

Trump indicated that the new tariff does not require congressional approval and will not be extended to Canada and Mexico, which remain exempt under the International Emergency Economic Powers Act. 

Statutory Basis for the Measure 

Three federal statutes were cited: the Trade Act of 1974 (Section 122), the International Emergency Economic Powers Act, and the Trade Expansion Act, which together empower the executive to adjust duties and launch investigations.  

Trump also signalled forthcoming probes under Sections 301 and 232, tools previously used to target Chinese metal and automobile exports. 

Read More: India–US Interim Trade Deal Talks Rescheduled Amid Tariff Policy Uncertainty! 

Current Tariff Landscape 

Existing tariffs on major markets vary: South Africa 30%, Thailand 19%, Philippines 19%, Malaysia 19%, Mexico 25%, China 47.5%, South Korea 25%, Brazil 50%, Indonesia 19%, India 18%. 

Potential Refund Issues 

The Supreme Court ruling did not resolve whether importers who paid the earlier duties are entitled to refunds. Estimates suggest refund claims could reach up to $170 billion, representing more than half of the revenue generated by the previous tariff regime. 

Public Reaction and Political Context 

Polling conducted in January indicated that 6 in 10 Americans believe the tariff policy has been excessive. Several senators from the president’s party have voiced concerns, and the announcement comes ahead of the upcoming midterm elections. 

Conclusion 

The United States will implement an additional 10% import tariff in 3 days, grounded in multiple trade statutes and excluding Canada and Mexico. The move follows a Supreme Court decision overturning earlier duties and may trigger large refund claims while influencing trade relations with several key markets. 

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