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Contemporary U.S. tariffs on imported items got here into impact on Tuesday (February 24, 2026), as President Donald Trump moved to rebuild his commerce agenda after the Supreme Court docket dominated in opposition to a swath of his world duties.
The brand new tariffs, initially set at 10%, are justified as a way “to cope with the massive and critical United States balance-of-payments deficits,” in response to a White Home launch on Friday (February 20).
Mr. Trump has since vowed to lift this degree to fifteen%, with exclusions anticipated to stay for items lined by sector-specific investigations and the U.S.-Mexico-Canada commerce pact.
The U.S. President has doubled down on imposing tariffs on buying and selling companions because the excessive courtroom on Friday struck down lots of his sweeping and sometimes arbitrary duties, in a rebuke of his signature financial coverage.
His sector-specific tariffs on items like metal and autos stay intact, however the ruling units the stage for a fancy struggle for refunds elsewhere.
The brand new responsibility taking impact on Tuesday (February 24) solely lasts for 150 days until prolonged by Congress and is extensively seen as a bridge in direction of extra sturdy commerce coverage.
U.S. Customs and Border Safety has mentioned it might cease accumulating tariffs struck down by the courtroom beginning on Tuesday (February 24), too.
It individually mentioned it might begin accumulating the brand new 10% tariffs on February 24.
The conservative-majority courtroom dominated six to a few that Mr. Trump had exceeded his authority in utilizing a 1977 regulation to impose sudden tariffs on particular person international locations.
Mr. Trump’s new tariff will apply to $1.2 trillion value of imports on an annual foundation or about 34% of complete items imported, mentioned Erica York, vp of federal tax coverage on the Tax Basis.
“The Trump tariffs amounted to a median tax enhance per U.S. family of $1,000 in 2025,” she added.
With /Mr. Trump’s world tariffs imposed beneath the Worldwide Emergency Financial Powers Act dominated unlawful, his new and present duties are nonetheless set to “end in a family burden of $700 in 2026,” she mentioned.
‘Wings clipped’
Mr. Trump insisted on Monday (February 23) that the Supreme Court docket gave him “way more powers and energy” with its ruling, including that he might “use licenses to do completely ‘horrible’ issues to international international locations.”
“Together with his tariff wings clipped, Mr. Trump wants a brand new software to precise displeasure on actions by others,” mentioned Wendy Cutler, a former U.S. commerce official.
“Threatening steep licensing charges is an alternate but it surely lacks the aptitude and quantitative nature of tariffs,” added Mr. Cutler, senior vp on the Asia Society Coverage Institute.
Mr. Trump additionally threatened on Monday (February 23) to hike tariffs on international locations that select to “play video games” following the courtroom determination, in a warning to nations that lately struck commerce offers with Washington beneath the specter of duties.
Over the previous yr, Mr. Trump has imposed numerous tariff charges on companions — generally altering them on quick discover — to persuade and punish each buddy and foe. He has used this as leverage in commerce talks.
U.S. Commerce Consultant Jamieson Greer mentioned Sunday on CBS that tariff agreements stay in power regardless of the ruling: “We count on our companions to face by them.”
However the threatened 15% responsibility, for some international locations like Britain and Australia, exceeds a ten% price they confronted beneath the earlier program.
Mr. Cutler warned that Mr. Trump’s actions might intensify U.S. companions’ disappointment.
Whereas it’s uncertain that they’d retaliate, they may step up efforts to diversify away from america, she mentioned.
Printed – February 24, 2026 11:12 am IST
