President Donald Trump points to a reporter during a press briefing at the White House, Friday, Feb. 20, 2026, in Washington. Beside the President is Commerce Secretary Howard Lutnik. (Evan Vucci/AP)
"It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately," Trump wrote in a Truth Social post Friday evening.
The order was issued under Section 122 and applies in addition to the standard tariffs that are already in place, the president announced during a White House press briefing Friday afternoon.
DEMOCRATS CHEER SUPREME COURT MOVE BLOCKING TRUMP TARIFFS – DESPITE PAST SUPPORT FOR TRADE DUTIES
President Donald Trump speaks during a "Make America Wealthy Again" trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, D.C. (Chip Somodevilla/Getty Images)
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Trump called the ruling "deeply disappointing," saying he was "ashamed" of certain members of the court.
Fox News' Alexandra Koch, Alex Nitzberg, Jacqui Heinrich and Charles Creitz contributed to this report.
Greg Norman is a reporter at Fox News Digital.
https://www.foxnews.com/politics/trump-raises-global-tariff-15-percent