economy

February 23, 2026

Some U.S. allies see higher duties under new tariffs, rivals see relief, trade body says

U.S. allies and partners like the U.K. and the European Union facing higher tariffs but countries like Brazil, China and India get a reprieve.

Some U.S. allies see higher duties under new tariffs, rivals see relief, trade body says

TL;DR

  • U.S. President Trump raised global duties to 15% after the Supreme Court ruled against his use of the IEEPA for implementing levies.
  • The U.K. and the EU face higher trade-weighted tariffs, while Brazil, China, and India see their tariffs decrease.
  • The Supreme Court's decision provided the greatest relief to countries previously most affected by IEEPA-linked tariffs.
  • Countries that negotiated early trade deals with the U.S. may be disadvantaged compared to those that resisted demands.
  • There is widespread confusion among trading partners regarding the implementation and implications of the new tariffs and existing trade agreements.

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