US imposes 10% tariffs in 2026—with a possible 15% hike looming
The US government has announced new trade tariffs set to begin in early 2026. Starting February 24, a 10% levy will apply to all imported goods under Section 122 of the Trade Act. Officials have hinted at a possible increase to 15% in the near future.
Meanwhile, financial analyst Sweta Singh has weighed in on recent trade policy shifts. She discussed the Supreme Court's decision to overturn former President Trump's tariffs under IEEPA with Trader TV.
The White House confirmed the 10% tariff using Section 122, which permits temporary trade measures for up to 150 days. The President suggested the rate could rise to 15% the following day, though no formal increase has yet been implemented. Congress has not released any official response to the move.
In a separate development, Sweta Singh, head of City Different Investments, examined the Supreme Court's ruling on Trump-era tariffs. She highlighted growing concerns in the private credit sector, warning that defaults could spread to public high-yield and investment-grade bonds. Singh also assessed how markets might react to the new tariffs, considering both immediate effects and long-term consequences for bond investors.
The 10% tariff will take effect in February 2026, with a potential rise to 15% still under discussion. The Supreme Court's recent decision on past tariffs has added uncertainty to trade policy. Analysts continue to monitor risks in credit markets as economic conditions shift.
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