In a dramatic escalation of U.S. trade policy, President Donald Trump announced that the United States will raise global tariffs on imports from all countries to 15 percent, just one day after the U.S. Supreme Court struck down his earlier tariff programme as unlawful. The move, announced over the weekend, underscores Trump’s commitment to a tough trade stance and sets the stage for heightened economic tensions with trading partners and legal scrutiny at home. Supreme Court Ruling: A Legal Setback for Executive Tariff Power On February 20, 2026, the United States Supreme Court ruled that Trump’s earlier sweeping global tariff policy was unconstitutional because it was imposed without explicit congressional authorization. The majority decision held that the president exceeded his authority under emergency powers law, curbing executive control over trade measures without legislative approval. In response, Trump initially imposed a 10 percent tariff on all imports, effectively replacing the invalidated duties, and then moved quickly to raise the tariff to 15 percent, the maximum allowed under an alternative statute — Section 122 of the Trade Act of 1974, which authorises temporary tariffs for up to 150 days to address balance-of-payments issues. Trump’s Criticism of the Court and Trade Justification Trump… Read MoreBusiness Archives – Trak.in – Indian Business of Tech, Mobile & Startups
