Trump Announces 10% Global Tariff After Court Ruling President Donald Trump declared a 10% levy on all imports on Feb. 20, 2026, invoking Section 122 of the Trade Act of 1974 and stating it would take effect within days [1][2]. The tariff stacks on existing duties and replaces the emergency tariffs the Supreme Court struck down earlier that day [1][2]. Trump framed the move as a swift response to protect American industry after the Court invalidated his broader emergency powers [2].

Tariff Authority Limited to 150 Days Pending Congressional Action The administration said the new levy can remain in force for a maximum of 150 days unless Congress passes legislation to extend it [1][2]. Officials warned of a protracted legal battle over billions of dollars in refunds owed to importers, citing Learning Resources’ $10 million payment and demands from the National Retail Federation and U.S. Chamber of Commerce for prompt restitution [1][2]. California Governor Gavin Newsom called for immediate refund checks with interest, while House Speaker Mike Johnson pledged congressional oversight of the next steps [2].

Trump Condemns Justices and Labels Ruling a National Disgrace In a briefing, Trump called the six‑justice majority that struck down his tariffs “a disgrace to our nation,” while praising dissenters Justice Thomas Alito and Justice Brett Kavanaugh [1][2]. Vice President JD Vance echoed the criticism, describing the decision as “lawlessness” on X [1]. The president’s remarks underscored his strategy to politicize the Court’s decision and rally his base [2].

President Signals Possible Limited Military Strike on Iran Trump warned Iran that the United States is weighing a constrained strike and gave Tehran a 10‑ to 15‑day window to agree to a nuclear‑deal framework before any action [1][2]. He noted that while the Court barred the use of the International Emergency Economic Powers Act for tariffs, other statutory authorities for steel, aluminum and related duties remain available [2]. The dual pressure of economic and military levers aims to force Tehran’s compliance, according to the administration [1].