Trump says he will raise global tariffs to 15% after Supreme Court ruling
Feb 22nd 2026
After the Supreme Court limited his use of emergency powers, President Trump announced on Truth Social he will raise planned 10% global tariffs to 15% effective immediately, though timing and legal paperwork remain unclear.
- Trump announced on Truth Social he will raise worldwide tariffs from 10% to 15% and said additional levies may follow.
- It is unclear whether any official orders have been signed or exactly when a 15% rate would formally take effect.
- The Supreme Court ruled 6-3 that Trump improperly used the International Emergency Economic Powers Act to impose earlier tariffs.
- After the ruling Trump invoked Section 122 of the Trade Act of 1974 to impose a 10% tariff that lasts 150 days unless Congress approves an extension.
- The court decision could trigger refunds to importers, with one estimate putting potential repayments above $175 billion.
- Markets moved with initial gains then volatility, and lawmakers remain divided along party lines over the tariffs