Video: What's Next for Trade as Trump Ups Global Tariff to 15%
Feb. 23, 2026
US President Donald Trump said he will increase the global 10% tariff to 15%, applying the new baseline tariff under Section 122 of the 1974 Trade Act, which allows the president to impose tariffs for 150 days without congressional approval. Bloomberg's Laura Davison breaks down the situation.
Chris Wilmerding
President
Thayer Partners, LLC
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David Beckwith
Chief Investment Officer
8309 Stenton Ave
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Joe Ciliberti
Lead Wealth Manager
8309 Stenton Ave
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Deborah Deckman
Partner, Wealth Manager
8309 Stenton Ave
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