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Trump’s new 10% global tariffs come into effect days after US Supreme Court setback

Trump had signed an executive order last Friday authorising the 10% tariffs just hours after the top court ruling.

February 24, 2026 / 10:58 IST
US President Donald Trump

US President Donald Trump’s new 10% global tariffs, including on India, came into effect on Tuesday days after the Supreme Court struck down the sweeping duties imposed last year.

Trump had signed an executive order last Friday authorising the 10% tariffs just hours after the top court ruling.

He later threatened to raise the number to 15%, but has not officially issued a directive to increase the rate so far.

Last week, the US Supreme Court declared the tariffs illegal. The court, in a majority ruling, noted that the 1977 emergency law does not clearly authorise the president to levy broad tariffs without explicit congressional approval.

The US Customs and Border Protection agency had earlier said it will halt collections of tariffs imposed under the International Emergency Economic Powers Act at 12:01 am EST (10:31 am IST) on Tuesday.

The agency said in a message to shippers on its Cargo Systems Messaging Service (CSMS) that it will de-activate all tariff codes associated with President Donald Trump's prior IEEPA-related orders as of Tuesday.

The IEEPA tariff collection halt coincides with Trump's imposition of a new, 15% global tariff under a different legal authority to replace the ones struck down by the Supreme Court on Friday.

CBP gave no reason why it was continuing to collect the tariffs at ports of entry days after the Supreme Court's ruling, and its message offered no information about possible refunds for importers.

The message noted that the collection halt does not affect any other tariffs imposed by Trump, including those under the Section 232 national security statute and the Section 301 unfair trade practices statute.

Moneycontrol News
first published: Feb 24, 2026 10:52 am

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