Trump’s new 10% global tariff to take effect on Feb. 24

2026년 2월 21일 · Unknown · financial · 출처 Seeking Alpha

[Wood cubes with Trump Tariffs words over containers with flag of US. Concept for the new tariffs imposed by US President Donald Trump.]
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President Donald Trump’s newly introduced 10% global tariff will be in force for 150 days after taking effect on Feb. 24, the White House announced late Friday after the U.S. Supreme Court struck down most of the tariffs he imposed last year.

The announcement came after Trump signed a proclamation, invoking authority under Section 122 of the Trade Act of 1974 to impose the new import duty. The legislation allows [https://www.whitehouse.gov/fact-sheets/2026/02/fact-sheet-president-donald-j-trump-imposes-a-temporary-import-duty-to-address-fundamental-international-payment-problems/] the president “to address certain fundamental international payment problems through surcharges and other special import restrictions," the White House said.

“By taking this action, the United States can stem the outflow of its dollars to foreign producers and incentivize the return of domestic production.”

Earlier in the day, the Supreme Court issued a 6-3 ruling arguing that Trump exceeded his powers when he invoked the International Emergency Economic Powers Act of 1977 to set sweeping tariffs against more than 100 countries last year. [https://seekingalpha.com/news/4554697-us-supreme-court-strikes-down-trumps-global-tariffs#hasComeFromMpArticle=false]

The landmark judgment drew a sharp rebuke from the president, prompting him to impose the new temporary import duty [https://seekingalpha.com/news/4554801-trump-calls-supreme-courts-tariff-ruling-deeply-disappointing], which, according to the White House, is now expected to take effect on Feb. 24 at 12:01 a.m. ET and last for 150 days.

_Dear readers, we recognize that politics often intersect with the financial news of the day, so we invite you to click here to join the separate political discussion. [https://seekingalpha.com/article/4867583-politics-and-the-markets-022126]_

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