On Tuesday local time, US President Trump's newly imposed 10% global tariffs took effect, marking the White House's first steps to continue his trade agenda. This followed the US Supreme Court's rejection of Trump's initial comprehensive trade measures. Hours after the ruling, Trump signed an executive order approving the 10% import tariff. He subsequently threatened to raise the rate to 15%, but as of 12:01 AM Tuesday (when the 10% tariff took effect), Trump had not yet formally issued an executive order to raise the rate. According to a government official, the White House is drafting a formal order to raise the global tariff rate to 15%. The official stated that a timetable for implementing this higher rate has not yet been determined. (Jinshi)