February 20, 2026
Trump Deploys Alternative Tariff Plan After Supreme Court Ruling: What to Know
'Section 122 offers the fastest path forward,' according to ING economists.
TL;DR
- President Trump announced a plan for a 10 percent global tariff via executive order.
- This comes after the Supreme Court invalidated his reciprocal duties on U.S. trading partners.
- The new tariff will be added to existing import levies.
- Trump believes stronger authorities exist to implement the new tariff.
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