Trump’s New Tariffs: Latest Analysis (Feb 2026)

After the U.S. Supreme Court struck down his broad tariff program as unconstitutional, former President Donald Trump announced a revised tariff strategy aimed at continuing higher import duties on foreign goods.

Trump raised the global tariff rate on imports to 15%, up from 10%, invoking a different legal authority (Section 122 of the Trade Act) that allows a temporary tariff without congressional approval.

The move follows the Court’s ruling that his earlier sweeping tariffs overstepped presidential power by using emergency economic law (IEEPA).

Analysts say this step keeps trade tensions high and adds uncertainty to global markets, as governments and firms try to assess future U.S. trade policy.

Economists warn that higher tariffs raise costs for consumers and businesses, influence trade balances only modestly, and may lead to retaliation or strained relations with key trading partners.

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