February 22, 2026
America in Brief
US raises global tariffs to 15 percent following Supreme Court ruling and Trump orders government release of all files on aliens.
TL;DR
- US global tariffs increased from 10% to 15%.
- Supreme Court rejected President Trump's use of emergency law for tariffs.
- Trump imposed new tariffs under Section 122 of the Trade Act of 1974.
- This new authority allows tariffs up to 15% for balance-of-payments deficits.
- Tariffs can be imposed for up to 150 days without congressional approval.
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