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Trump’s Global Tariff Rollout Begins at 10% Amid Policy Adjustments

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Trump’s Global Tariff Rollout Begins at 10% Amid Policy Adjustments

New global tariffs introduced by US President Donald Trump have officially taken effect at a rate of 10%, lower than the higher levels previously indicated.

Following a ruling by the US Supreme Court that blocked several of his broader import tax measures, Trump initially announced plans for a 10% global tariff before later signalling an increase to 15%.

However, official documentation confirms that the tariffs were implemented at the 10% rate from Tuesday, with no formal directive yet issued to raise them further. The White House is reportedly working on updating the rate to reflect the proposed 15%, though no timeline has been confirmed.

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The move follows Friday’s executive order introducing the temporary tariff under Section 122 of the 1974 Trade Act. This provision allows the president to impose import duties for up to 150 days without requiring approval from Congress.

The administration stated the measure aims to address international payment imbalances and strengthen trade conditions for American workers, farmers, and manufacturers.

Trump has consistently argued that tariffs are essential to narrowing the US trade deficit — the gap between imports and exports. Despite these efforts, the deficit widened by 2.1% last year, reaching approximately $1.2 trillion.

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The ruling from the Supreme Court also centred on the president’s use of the International Emergency Economic Powers Act (IEEPA), which had previously enabled the administration to collect at least $130bn in tariffs.

Legal and business responses are now emerging. Logistics giant FedEx has filed a lawsuit seeking a full refund of import taxes paid under IEEPA, while advocacy group We Pay The Tariffs says it represents more than 900 American companies requesting swift reimbursement.

While some analysts warn that shifting tariff policies could heighten global trade tensions, administration officials have indicated that the measures are designed to recalibrate trade relationships in a way that supports domestic economic priorities.

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Israel Strikes Iranian Petrochemical Sites as Tensions Surge Over Hormuz Threats

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Israel Strikes Iranian Petrochemical Sites as Tensions Surge Over Hormuz Threats

Israel has launched fresh strikes on Iranian energy infrastructure, targeting key petrochemical facilities amid escalating regional tensions tied to the strategic Strait of Hormuz.

Iranian media reported that the Marvdasht Petrochemical Complex was hit in what officials described as an “enemy attack.” The Fars news agency said the strike caused a fire that was quickly brought under control, while the semi-official Tasnim news agency, citing local authorities, reported that the damage to the facility was not significant.

Earlier, Israel confirmed it had struck the South Pars petrochemical plant in Asaluyeh, one of Iran’s most critical energy hubs. Israeli Defence Minister Israel Katz acknowledged the operation, while Iranian outlets said several production units were damaged but no casualties were recorded.

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The strikes come against the backdrop of heightened warnings from U.S. President Donald Trump, who has threatened broader attacks on Iranian infrastructure if Tehran does not reopen the Strait of Hormuz. In a recent social media post, Trump warned that Tuesday could mark “Power Plant Day and Bridge Day” if Iran fails to comply.

The Strait of Hormuz is a vital global shipping route through which roughly 20% of the world’s oil supply passes, making any disruption a major concern for international markets.

In addition to infrastructure targets, the Israel Defense Forces said it had killed the intelligence chief of Iran’s Islamic Revolutionary Guard Corps, a move that signals a deepening escalation in direct confrontations.

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Across the wider region, military activity has intensified. Reports from Lebanon describe near-constant fighter jet activity, while in northern Israel, a separate strike has killed four people.

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Trump Escalates Pressure on Iran With Final Deadline Over Strait of Hormuz

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Trump Escalates Pressure on Iran With Final Deadline Over Strait of Hormuz

U.S. President Donald Trump has intensified his rhetoric toward Iran, issuing a renewed and forceful ultimatum demanding the reopening of the Strait of Hormuz.

In a series of shifting deadlines over recent weeks, Trump has repeatedly warned of military consequences if Iran does not restore access to the critical transit route. His latest message, posted on Truth Social, included explicit language and pointed to a specific escalation point: “Tuesday, 8:00 P.M. Eastern Time!”—which corresponds to early Wednesday morning in Tehran.

Timeline of Escalating Deadlines:

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  • 21 March: Trump warned he would “hit and obliterate” Iranian power plants within 48 hours if the strait was not reopened.
  • 23 March: He paused the threat, citing “very good and productive conversations,” delaying action by five days.
  • 27 March: The deadline was extended again by 10 days, reportedly following a request from the Iranian government, setting 6 April as the new cutoff.
  • Recent warning: With the deadline approaching, Trump issued a “48-hour” ultimatum, warning of severe consequences.
  • Latest update: The new timestamp suggests a narrowing window for action, reinforcing urgency and signaling potential imminent escalation.

The Strait of Hormuz remains one of the world’s most critical chokepoints, handling a substantial share of global oil shipments. Any prolonged disruption has far-reaching implications for global energy markets and geopolitical stability.

Trump’s evolving deadlines and increasingly aggressive tone highlight the fluid and high-stakes nature of the standoff. While diplomatic signals briefly surfaced in earlier statements, the latest developments suggest a pivot back toward coercive pressure.

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US Army Leadership Shake-Up as Hegseth Requests Chief’s Immediate Exit

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US Army Leadership Shake-Up as Hegseth Requests Chief’s Immediate Exit

U.S. Defence Secretary Pete Hegseth has asked Army Chief of Staff Randy George to step down, triggering a significant leadership change at the top of the United States Army.

According to Pentagon spokesman Sean Parnell, General George will retire immediately from his role as the 41st Chief of Staff, cutting short what is typically a four-year term. George, a seasoned military officer and graduate of United States Military Academy at West Point, was nominated to the position in 2023 by former President Joe Biden.

No official reason has been provided for the abrupt decision, though a senior defence official indicated that “it was time for a leadership change.” The move comes amid broader military and geopolitical developments, including recent comments by Donald Trump suggesting that the ongoing U.S.-Israel conflict with Iran could conclude “very shortly.”

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General George’s career spans decades, including service as an infantry officer during the Gulf War and deployments in Iraq and Afghanistan. His tenure has been marked by operational leadership across multiple theatres.

He will be succeeded on an acting basis by Vice Chief of Staff Christopher LaNeve, described by Pentagon leadership as a highly experienced and trusted commander aligned with the administration’s strategic vision.

The shake-up extends beyond the Army chief. Reports indicate that David Hodne, who led the Army’s Transformation and Training Command, and William Green, head of the Chaplain Corps, have also been removed from their posts.

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Since assuming office, Hegseth has overseen the dismissal of more than a dozen senior military officials, including top Navy and Air Force leaders, signaling a sweeping effort to reshape the U.S. military’s leadership structure.

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