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US Imposes 15% Tariffs to Take Effect This Week

Published March 4, 2026, 14:14
US Imposes 15% Tariffs to Take Effect This Week

US Treasury Secretary Scott Besent announced that the new temporary global tariff of 15% is expected to take effect sometime this week. The new tariff was imposed by President Donald Trump last month, following the Supreme Court's overturning of a previous tariff scheme, according to Reuters. The announcement marks a shift in US trade policy and is expected to have implications for international trade. No further details were provided regarding the products affected or the duration of the tariffs.