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, asserting Congressional authority.
Trump Press Conference
President slams the court and announces a pivot to the Trade Expansion Act of 1962.
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 US Supreme Court has struck down the use of emergency powers to levy global tariffs, prompting President Trump to immediately announce a 10% across-the-board tax using the Trade Expansion Act of 1962. This move signals a period of intense volatility for global supply chains as the administration seeks to bypass judicial restrictions.
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.