President Trump has imposed a 10 percent global tariff on foreign goods, effective February 24, following the Supreme Court's decision to strike down many of his previous tariffs. The new baseline duty is implemented under Section 122 of the Trade Act of 1974, which grants the president unilateral tariff authority but limits the measures to 150 days without congressional approval. This move comes after the Supreme Court ruled 6-3 that Trump's use of emergency powers to impose reciprocal tariffs ranging from 10 to 50 percent was unlawful. The ruling also invalidated duties on Canada, Mexico, China, Brazil, and India. Trump plans to maintain existing tariffs under other provisions and pursue additional trade investigations. The tariff faces potential congressional resistance, as Democrats and some Republicans have opposed aspects of his trade agenda.
