The move to impose 10 per cent tariffs added to the confusion surrounding US trade policy, with no explanation offered in the notice for why the lower rate had been used.

The global levy comes in at 10%, lower than the rate the president had threatened at the weekend.

The change surprised executives and foreign leaders, who had been expecting the 15 percent rate the president announced on Saturday.

The change surprised executives and foreign leaders, who had been expecting the 15 percent rate the president announced on Saturday.

The White House is working on a formal order that will increase the global tariff rate to 15%, according to an administration official.

US President Donald Trump said he was hiking the import levies from 10 to 15 percent on Saturday, a day after the Supreme Court ruled much of his aggressive tariff policy was illegal. Trump added that…

European Union lawmakers Monday put a key trade deal with the United States on hold, demanding clarity after a Supreme Court ruling struck down many of President Donald Trump's tariffs. Speaking on FRANCE 24, Guntram Wolff, Senior Fellow at Bruegel, says that the new tariffs announced by Trump create a lot of uncertainty for European exporters and may push US consumers to postpone purchases.

The Supreme Court struck down President Donald Trump's far-reaching global tariffs on Friday, delivering a stinging loss that prompted a fierce attack on the court he helped shape. The ruling was significant because it marked "a rare instance" of the Supreme Court acting as "a check on executive authority", FRANCE 24's Douglas Herbert said. Herbert noted that the decision demonstrated the court's willingness to exercise its independence on certain issues, even though it had sided with Trump on previous cases.