February 21, 2026 at 06:44PM
Trump’s sudden decision to hike his new tariff rate to 15% is ‘something of an eff you’ to the U.K., which thought it had a better deal for 10%
Trump raises new tariff to 15%, signaling a tougher stance on trade and provoking criticism from allies.
Analysts say the move amounts to a strategic shift that could impact negotiations with major partners, including the UK, EU, and Japan.
The decision risks reigniting tensions and reverting to earlier trade friction patterns, potentially affecting prices and supply chains.