Trump Hikes Global Tariffs to 15%, Dow Futures Sink 600 Points

Feb 23, 2026

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The President Is Not Above the Law - POLITICO Magazine

U.S. stock futures fell sharply Monday after President Donald Trump announced a new 15% global tariff rate, reigniting trade tensions just days after the Supreme Court struck down his earlier tariff framework.

Dow Jones Industrial Average futures dropped more than 200 points in early trading, with broader losses nearing 600 points at one stage, according…

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