Brief by Shorts91 Newsdesk / 04:08am on 22 Feb 2026,Sunday International
The US Supreme Court ruled 6–3 that President Donald Trump exceeded his authority by using emergency powers law (IEEPA) to impose broad import tariffs, asserting that only Congress can levy tariffs. In swift response, Trump invoked Section 122 of the Trade Act of 1974 and first imposed a 10% global tariff on all imports before raising it to the maximum 15% rate for up to 150 days. Trump condemned the court’s decision and vowed alternative tariff measures. The ruling creates uncertainty over tariff revenue refunds and impacts global trade relations. (PC: AP)
