Starting from February 24th, the USA imposes temporary customs duties of 10% for all countries. The measure also targets the Republic of Moldova. The announcement about the application of global taxes was made by the American president, Donald Trump, reports IPN.
The decision comes after the US Supreme Court ruled on Friday that a large portion of the customs duties announced by Donald Trump in April 2025 are illegal. The White House leader criticized the court’s decision. He announced that he will sign an order for a global increase in tariffs by 10%, based on Section 122 of the Trade Act.
The provision allows for the imposition of a temporary surcharge on imports, to correct major imbalances in the balance of payments or other fundamental problems with international payments. Tariffs cannot exceed 15% and can be applied for a maximum of 150 days. This is the first time an American president has invoked this section.
The White House clarified that Mexico and Canada will be exempted, based on the North American trade pact. Also, critical minerals, pharmaceutical products, certain electronic equipment, and several food products, including tomatoes, oranges, and beef, will not be taxed.
