President Donald Trump signed an executive order imposing a new 10% tariff on imports from all countries on Friday, February 20, 2026, hours after the U.S. Supreme Court delivered a major setback by striking down his earlier sweeping global tariffs. The ruling invalidated tariffs imposed under the International Emergency Economic Powers Act (IEEPA) of 1977, which the court ruled did not authorize the president to levy such duties. Trump responded defiantly, announcing the new measures under Section 122 of the Trade Act of 1974, describing the adjustment as the start of a broader process to protect U.S. interests and generate revenue.

The Supreme Court's 6-3 decision, written by Chief Justice John G. Roberts Jr., held that IEEPA—typically used for national emergencies involving foreign threats—does not grant the executive branch authority to impose tariffs, a power traditionally reserved for Congress. The invalidated tariffs, enacted in 2025, included baseline 10% duties on imports from nearly all trading partners, with higher rates on certain nations to address trade deficits and other issues. The ruling opens the door for potential refunds of billions in collected duties, creating uncertainty for businesses and global markets already grappling with trade disruptions.

In a Truth Social post and subsequent statements, Trump lashed out at the justices, calling the decision "ridiculous" and expressing disappointment in some members of the court he had appointed. He emphasized that the new 10% tariff would take effect almost immediately—set for Tuesday, February 24, at 12:01 a.m.—and apply on top of existing levies, though exemptions exist for certain goods like food products, critical minerals, and items already under separate tariffs. The temporary measure is limited to 150 days under the 1974 law, prompting speculation about further investigations under other statutes like Section 301 to sustain or expand trade protections.

Also Read: Key Points From Trump’s Press Conference on Supreme Court Tariff Decision

The move underscores Trump's unwavering commitment to his "America First" trade agenda despite legal hurdles. Administration officials framed the tariffs as a tool to address persistent trade imbalances and unfair practices, while critics warned of potential inflation, higher consumer prices, and retaliatory actions from trading partners. Global markets reacted with volatility, as investors assessed the implications of the court's limits on presidential authority and the White House's quick pivot to alternative legal pathways.

The decision marks one of the most significant judicial rebukes of Trump's second term on economic policy, highlighting tensions between executive power and congressional oversight in trade matters. With the new tariffs in place and additional probes announced, the administration appears poised to continue its aggressive stance on international commerce, even as legal and economic challenges mount in the coming months. Normal trade dynamics may face prolonged adjustments as stakeholders navigate the evolving landscape.

Also Read: Florida Moves to Rename Palm Beach Airport After Donald Trump