Trump says he will increase global tariffs to 15%

25 minutes ago

Dearbail Jordan

US President Donald Trump has said that he will impose global tariffs of 15%, as he continued to rail against a Supreme Court ruling that struck down his previous import taxes.

Trump said on Friday that he would replace the tariffs scrapped by the court with a 10% levy on all goods coming into the US.

But on Saturday, he announced on Truth Social that this would be increased to the maximum allowed under a never-used trade law.

These will come into force on Tuesday, 24 February, and can only stay in place for around five months before the administration must seek congressional approval.

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Watch Live: NYC Mayor Zohran Mamdani update on blizzard warning, winter storm preps
By Mark Prussin
Updated on: February 21, 2026 / 1:57 PM EST / CBS New York

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With a potential blizzard coming to New York City, Mayor Zohran Mamdani is set to give an update on how the city is gearing up for the next round of winter weather.

Mamdani is addressing Sunday’s impending snowstorm at the Spring Street Salt Shed in Lower Manhattan. You can watch the mayor’s full press conference live on CBS News New York in the player on this page or on YouTube.

NYC winter storm outlook
New York City could get walloped with up to a foot of snow or more starting tomorrow morning into Monday as the storm appears primed to develop into a powerful nor’easter, potentially surpassing totals from January’s major snowstorm.

“We are now expecting between 13-17 inches of snow, but there is a slight chance we may see up to 20 inches, if not more,” Mamdani said.