Trump imposes 10% tariffs on all countries after Supreme Court struck down earlier tariffs

February 21, 2026

TL;DR

President Trump signed a proclamation for 10% tariffs on most foreign imports.
The new tariffs will be in effect for 150 days, starting Tuesday.
The Supreme Court previously struck down sweeping global tariffs issued under a different legal authority (IEEPA).
The new tariffs are based on Section 122 of the Trade Act of 1974.
Certain goods, including food imports, critical minerals, electronics, and cars, are exempted.
Goods from Canada and Mexico covered by a previous trade deal are not subject to these new tariffs.
The administration is also investigating certain trade practices under Section 301 of the Trade Act.

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