Last updated: 2026-02-21 19:58:50 ET
Pulse AI Brief
Updated Feb 21, 2026 6:00 PM ET
President Trump announced a 15% tariff on all imports to the U.S., effective immediately, despite a recent Supreme Court rebuke. The administration is utilizing an untested legal authority to enforce this tariff, which has drawn sharp criticism from lawmakers.
The tariffs are expected to disrupt supply chains and increase costs for American businesses and consumers, potentially leading to market volatility and impacting sectors reliant on imported goods.
This move could strain international trade relations and provoke retaliatory measures from affected countries, further complicating global economic dynamics.
The president is turning to an untested legal authority to rebuild his global tariff regime.
The move signaled that the president would press ahead with steep global import taxes despite the legal setback from the Supreme Court.
The tariffs are just taxes on American businesses and consumers, while providing no benefit to the economy, critics of Trump's policies say.
Trump now says he will raise 'worldwide' tariff from 10% to 15%
After the Supreme Court outlawed most of his tariffs on Friday, Trump announced new global tariffs of 10%. On Saturday he said he would increase these...
Trump also warned: "During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs....
On Friday, President Trump signed a proclamation that would impose 10% tariffs on most foreign imports to the United States.
Trump increased the rate of a new global tariff to 15 percent, vowing to work around the ruling that invalidated his emergency tariffs.
What's far less certain is the longer-reaching impacts as the economy and markets again adjust to a changing landscape.
The Supreme Court’s ruling on the president’s tariffs has jolted Washington and the business world. Here’s what to watch next.
