#TrumpNewTariffs Hereâs a short, sharable shot #TrumpNewTariffs with a current analysis + picture:
đșđž #TrumpNewTariffs â Latest Update (Feb 21, 2026)
đ Whatâs New:
President Donald Trump has responded to a major legal setback over his trade policy by raising the global tariff rate on U.S. imports from 10% to 15%. This follows a U.S. Supreme Court ruling that struck down most of his previous tariff program as exceeding presidential authority. (The Guardian)
đ Key Points:
Supreme Court Ruling: In a 6â3 decision on Feb 20, 2026, the Court found that Trumpâs use of emergency powers to impose broad tariffs was unlawful â asserting that the power to tax imports resides with Congress unless clearly delegated. (AP News)
Trumpâs Response: Trump condemned the justices and immediately announced a higher 15% global tariff under alternative legal authority, aimed to remain in place (e.g., up to 150 days under the Trade Act of 1974). (PBS)
Economic Context: Longstanding tariffs since 2025 targeted countries like Canada, Mexico and China at varying rates, but analysts highlight that the overall U.S. trade deficit remains at record levels and many tariffs have raised costs for U.S. consumers and businesses. (The Washington Post)
đ Market & Policy Reactions:
Legal uncertainty persists, with ongoing court and legislative debates about trade authority.
Global trade partners warn higher tariffs risk retaliation and supply-chain disruption.
Economists note tariffs function like taxes that raise prices and may slow economic growth. (Tax Policy Center)
đ§ Bottom Line:
Trumpâs aggressive tariff escalation signals continued America-First trade policy, but legal constraints and economic costs raise questions about its effectiveness in reducing deficits or boosting U.S. jobs in the long term.
