Trump Raises US Tariffs Following Supreme Court Decision
Feb 22, 2026, 3:00 AM
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TL;DR
President Trump increased US tariffs from 10% to 15% following a Supreme Court ruling. Businesses globally demand a refund of $133bn previously collected under disputed measures.
President Trump announced an increase in US tariffs from 10% to 15%, effective immediately, after the Supreme Court ruled that he could not unilaterally set tariffs. The decision affects $133 billion worth of tariffs imposed under previous emergency powers. Trump criticized the court's decision and leveraged Section 122 of the Trade Act of 1974 to justify the new tariffs. Despite legal challenges and worldwide requests for refunds, Trump vows to continue pursuing tariffs under different regulations. Global reactions have been mixed, with some countries expressing cautious optimism and others frustration.
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