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February 21, 2026
4h ago

Trump Announces New Tariff on All Countries After Supreme Court Ruling

Trump Announces New Tariff on All Countries After Supreme Court Ruling

For now, the newly announced 10 per cent tariff is expected to take effect almost immediately, but uncertainty remains over how long the new tariffs will last...

✨ Key Highlights

United States President Donald Trump has signed a new 10% global tariff, hours after the U.S. Supreme Court ruled against his previous tariff policy. This new tariff, effective almost immediately, utilizes the Trade Act of 1974.

  • Trump imposed a new 10% tariff on goods from all countries using the Trade Act of 1974.
  • The Supreme Court ruled that Trump overstepped his powers under the International Emergency Economic Powers Act (IEEPA) for his previous global tariffs.
  • Trump expressed his disagreement with the decision on his Truth Social account, while also initiating several Section 301 and other investigations.

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