LIVE: Trump Imposes New 10% Global Tariff Post 'Invalidation' By SCOTUS | US News LIVE | Trump News

Описание: Trump Tariff News LIVE: Trump Imposes New 10% Global Tariff Post 'Invalidation' By SCOTUS | US News LIVE | Trump News

Trump Tariff News LIVE: President Donald Trump has signed an executive order imposing a new 10% global tariff on imports from all countries, effective February 24, 2026, at 12:01 a.m. Washington time (around 10:31 a.m. IST). This comes just hours after the US Supreme Court struck down his earlier sweeping tariffs imposed under emergency powers (IEEPA), ruling he exceeded authority in a major 6-3 decision. Trump called the ruling "deeply disappointing" and lashed out at justices, then invoked Section 122 of the 1974 Trade Act—a rarely used provision—for this temporary 150-day duty to address balance-of-payments issues.
Posted on Truth Social: “It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately.” Exemptions apply to certain foods, critical minerals, pharmaceuticals, some electronics, and goods under existing tariffs or USMCA rules.
Markets are volatile—will this spark retaliation from China, Europe, India? How will it affect global supply chains, inflation, and Indian exports? India Today LIVE brings you live analysis, expert reactions, world leader responses, and economic fallout in real time. Don't miss updates as this unfolds!
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