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Trump Imposes New 10% Global Tariff Effective February 24, 2026, Following Supreme Court Loss

Trump Imposes New 10% Global Tariff Effective February 24, 2026, Following Supreme Court Loss

Hours after the Supreme Court blocked his previous emergency tariffs, President Donald Trump signed a proclamation imposing a 10% worldwide import duty on most goods entering the United States. This new measure, enacted under Section 122 of the Trade Act of 1974, is described as a temporary import duty to address “fundamental international payment problems” and rebalance trade […]

US Supreme Court Strikes Down Trump Tariffs

US Supreme Court Strikes Down Trump Tariffs

The US Supreme Court has delivered a landmark 6-3 ruling striking down President Donald Trump’s sweeping global tariffs imposed under the International Emergency Economic Powers Act (IEEPA), deeming them illegal and beyond presidential authority. The decision, issued on February 20, 2026, represents a significant setback for Trump’s trade agenda, which relied heavily on these emergency powers to impose broad import […]