Last mentioned: Feb 21, 2026
Investigation Deadline
The 150-day window for trade investigations and temporary tariffs is set to conclude.
Tariff Review Deadline
End of the 150-day period and expected conclusion of trade practice investigations.
10% Tariff Implementation
New global tariffs take effect for a 150-day window.
Supreme Court Ruling
A 6-3 majority strikes down global tariffs based on the IEEPA.
Presidential Response
Trump holds news conference denouncing the court and announcing a pivot to the 1962 Act.
Supreme Court Ruling
A 6-3 majority strikes down the use of IEEPA for global tariffs, citing Congressional authority over trade.
Presidential Response
Trump holds a news conference denouncing the court and justices as 'swayed by foreign interests'.
New Tariff Announcement
Trump invokes the Trade Expansion Act of 1962 to impose a 10% global tariff.
Supreme Court Ruling
The court strikes down the use of IEEPA for global tariffs in a 6-3 decision.
Trump Press Conference
President denounces the court and announces a pivot to the Trade Expansion Act of 1962.
The U.S. Supreme Court struck down President Trump’s use of emergency powers to levy global tariffs in a landmark 6-3 decision. Trump immediately retaliated by invoking the Trade Expansion Act of 1962 to impose a 10% across-the-board tariff for 150 days.
President Trump has vowed to bypass a Supreme Court ruling that struck down his global tariffs by invoking the Trade Expansion Act of 1962. The administration plans to implement a 10% across-the-board levy for 150 days while conducting new trade investigations.
The U.S. Supreme Court has issued a landmark 6-3 ruling striking down the use of the International Emergency Economic Powers Act (IEEPA) for global tariffs. In response, President Trump has announced a pivot to the Trade Expansion Act of 1962 to implement a 10% global levy.