Brief by Shorts91 Newsdesk / 05:50pm on 21 Feb 2026,Saturday International
US President Donald Trump has increased the temporary global tariff from 10% to 15%, hours after the Supreme Court struck down his earlier import duties. He used Section 122 of the Trade Act of 1974, which allows tariffs of up to 15% for 150 days. “I… will be effective immediately, raising the 10% Worldwide Tariff… to the fully allowed… 15% level,” Trump wrote on Truth Social. He said many countries had been “ripping” off the US for decades. The Supreme Court ruled 6–3 that Trump had exceeded his powers under a 1977 emergency law. Trump said new “legally permissible” tariffs will be introduced during the 150-day period. (PC: India Today)
