Trump Tariffs LIVE Updates: Trump’s 10% Global Tariffs To Come Into Effect From February 24 For 150 Days

Trump Tariffs Live Updates: The US Supreme Court has dealt a major blow to President Donald Trump’s trade policy, ruling that his administration did not have the legal authority to impose sweeping global tariffs under emergency powers.

In a 6–3 decision, the court said the International Emergency Economic Powers Act (IEEPA) does not give a president the power to introduce broad, across-the-board tariffs on imports. The judgment could open the door to refund claims potentially worth tens of billions of dollars.

Within hours of the ruling, Trump appeared before reporters and announced a new round of tariffs, signalling that his trade agenda would move forward despite the setback.

The president declared a fresh 10 per cent global tariff, to be added on top of existing duties. He insisted that key national security and trade-related tariffs would continue without interruption.

“Effective immediately, all national security tariffs under Section 232 and existing Section 301 tariffs remain in place… Today, I will sign an order to impose a 10% global tariff under Section 122 over and above our normal tariffs already being charged,” Trump said.

Clearly angered by the court’s decision, Trump described the verdict as “deeply disappointing” and accused some justices of lacking courage.

“I’m ashamed of certain members of the court, absolutely ashamed, of not having the courage to do what’s right for our country,” he said.

Despite the legal challenge, Trump maintained that the ruling would not slow his efforts to reshape US trade policy. He argued that he now has “stronger” alternatives available to generate revenue and pursue his economic strategy.