Politis

Trump Raises Global Tariffs to 15% Amidst Trade Tensions

Published February 21, 2026, 17:12
Trump Raises Global Tariffs to 15% Amidst Trade Tensions

Donald Trump announced an increase in global tariffs on imported products from 10% to 15%, reacting to a US Supreme Court decision that deemed previous tariffs he imposed illegal. This move is expected to spark reactions and has already caused concern within the European Union, with French Trade Minister Nicolas Fourriere stating that the EU has the tools to respond. The EU is considering various options, including retaliatory tariffs worth 90 billion euros and the use of the Anti-Coercion Instrument (ACI) which could impact American technology companies. Fourriere emphasized the need for unity within the EU and avoiding dependence on the US. The Trump administration's decision comes despite potential negative impacts on rising prices and companies reliant on exports. Analysts point out that raising tariffs could lead to further inflation and harm the American economy. However, Trump appears determined to protect American interests, even though his strategy is widely questioned. The European Parliament is expected to discuss postponing the ratification of a trade agreement with Washington, while the French side warns that the EU must be prepared to face the challenges posed by Trump's new tariff policy. The situation is particularly sensitive given the uncertainty in the global economy and geopolitical tensions. Overall, Trump's tariff hike is a bold move that is expected to have significant consequences for global trade and the relationship between the US and the EU. The EU appears determined to defend its interests and address the challenge posed by the US's new tariff policy.