June 18, 2026 08:37 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Fortuner torched, BJP leaders burnt alive: Sand mining feud ends in triple murder in Chhattisgarh | 'If Modi is the leader and India is attacked, we'll be there': Trump's strong assurance at G7 | 'Safety of Indian seafarers of utmost importance': PM Modi's strong message to Trump at G7 | Trump says Iran deal 'not final', threatens fresh strikes if Tehran ‘doesn’t behave’ | G7 declares war on global drug cartels, unveils major anti-trafficking plan | India, Canada launch security pact talks, target trade deal completion in 2026 | PM Modi flags seafarer safety at G7, calls for secure maritime routes amid Hormuz tensions | Messi makes history with first World Cup hat-trick, equals Klose's all-time record in Argentina's 3-0 win | Tragedy in the skies: Five IAF personnel killed in AN-32 crash in Assam | 'Ask probe officers whether I hid anything': Abhishek Banerjee hits back after pre-dawn police search
Donald Trump
US President Donald Trump. Photo: White House/X

Trump signs 10 percent global tariffs after SC rejects his global import taxes

| @indiablooms | Feb 21, 2026, at 09:15 am

US President Donald Trump has imposed a fresh 10 percent global tariff, replacing the sweeping duties that were struck down earlier by the US Supreme Court.

In a post on Truth Social, Trump wrote, “It is my great honor to have just signed, from the Oval Office, a Global 10% Tariff on all countries, which will be effective almost immediately.”

“Thank you for your attention to this matter! PRESIDENT DONALD J. TRUMP,” he added.

The announcement comes hours after the Supreme Court of the United States invalidated his earlier tariff regime in a 6–3 ruling.

The decision, authored by Chief Justice John Roberts, found that Trump had exceeded his authority by invoking the International Emergency Economic Powers Act (IEEPA) to impose broad trade tariffs.

The Court stressed that the US Constitution grants Congress — not the president — the power to levy taxes and tariffs, noting that IEEPA was designed for genuine national emergencies rather than routine trade policy.

Three liberal justices joined three conservatives in the majority opinion, while Justices Brett Kavanaugh, Clarence Thomas, and Samuel Alito dissented.

Responding sharply, Trump called the ruling “outrageous” and “a disaster for US workers,” arguing that the tariffs were essential to reducing trade deficits and protecting American industries.

He also indicated that his administration is exploring alternative legal avenues to reimpose tariffs despite the judicial setback.

Trump’s earlier tariffs had reportedly generated more than $133 billion in revenue for the US Treasury, though analysts estimate potential long-term economic costs could reach as high as $3 trillion over the next decade.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.