In a dramatic escalation of his trade agenda, President Donald Trump has announced a new 10% global tariff just hours after the U.S. Supreme Court struck down his previous “Liberation Day” levies. The 6–3 ruling on February 20, 2026, determined that the president exceeded his authority by using emergency powers to bypass Congress. In a fiery press conference, Trump called the decision “deeply disappointing” and a “disgrace,” specifically criticizing justices he appointed for not having the “courage” to support him.
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To replace the voided taxes, Trump is invoking Section 122 of the Trade Act of 1974. This rarely used law allows the president to impose temporary import surcharges of up to 15% for 150 days to address “large and serious” balance-of-payments deficits. Unlike the previous open-ended tariffs, this new measure will automatically expire in five months unless Congress votes to extend it.
🚨 THE SYSTEM JUST GOT OVERRIDDEN IN REAL TIME.
TRUMP DID NOT EVEN BLINK AT THE SUPREME COURT RULING.
HE JUST OFFICIALLY SIGNED A NEW EXECUTIVE ORDER SLAPPING A 10% TARIFF ON EVERY SINGLE COUNTRY GLOBALLY.
HE TOLD REPORTERS THESE DUTIES ARE GOING “OVER AND ABOVE” NORMAL… pic.twitter.com/UBjtFJKKdu
— Coin Bureau (@coinbureau) February 21, 2026
The move has sent shockwaves through global markets and diplomatic circles. White House officials confirmed that even nations with existing trade deals, including the UK, India, and the EU, will be subject to this 10% levy. While some business leaders hope to recover billions in previously paid tariffs through the courts, the president warned that any refund process could take years. This latest maneuver ensures that trade tensions will remain a defining feature of the administration’s economic policy through the summer.
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