President Trump announces 10% global tariff, keeps national security tariffs in place

President Trump announces 10% global tariff, keeps national security tariffs in place

According to a brief statement, a 10% global levy is added on top of existing duties, while national security tariffs remain unchanged; such measures may influence risk assets, stablecoins (price-pegged cryptocurrencies), and mining rigs (specialized crypto computers) costs.

Fact Check
Multiple high-authority and highly relevant primary and contemporaneous news sources corroborate that President Donald Trump publicly announced a policy instituting a 10% global tariff, referred to in some reports as part of the 'Liberation Day' tariffs, and that this was in addition to maintaining pre-existing tariffs justified under national security provisions. Official White House communications outline the tariff policy and confirm the retention of earlier national security-based tariffs alongside the new global measure. Live coverage of Trump's statements, press conferences, and fact sheets indicate he explicitly described both the new global rate and the continuation of those existing measures. Reports from reputable outlets such as Reuters, PBS, The New York Times, and other primary live coverage sources directly document these announcements in real time, showing consistency between the government’s official statements and independent reporting. There is no credible contrary evidence in the available materials disputing that both the 10% global tariff was announced and that prior national security tariffs remained in place. Given the directness of the sources, their credibility, and the agreement across multiple independent accounts, the statement is highly likely to be true.
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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the U.S. dollar.
  • Mining rig: Specialized computer hardware used to validate blockchain transactions and earn rewards through mining.