President Donald Trump has announced new global tariffs, impacting trade with countries including India. This action follows a U.S. Supreme Court decision that found his previous tariffs, enacted under emergency powers, to be unlawful. The situation has created uncertainty for global trade and business.

Court Rejects Previous Tariff Use, New Measures Introduced
The U.S. Supreme Court has ruled against President Donald Trump's use of the International Economic Emergency Powers Act (IEEPA) to impose broad tariffs. The court found that the President had overstepped his authority by using this law, which is intended for national emergencies, to enact these trade measures without congressional approval. Despite this setback, Trump has moved quickly to implement new tariffs.

Supreme Court Ruling: The court, in a 6-3 decision, stated that the power to impose such taxes is reserved for Congress.
Trump's Reaction: President Trump has expressed strong disagreement with the ruling, calling it "deeply disappointing" and suggesting some justices should be "ashamed."
New Tariffs: Trump has signed an executive order imposing a 10% global tariff on imports. This new measure is set to take effect on February 24.
Legal Basis: The administration states it will use alternative legal authorities, including Section 122, to enact these new tariffs, aiming to maintain tariff revenue.
Impact on India and Other Nations
The new tariffs are expected to affect trade relationships worldwide. India, a significant trading partner, is specifically mentioned as continuing to pay tariffs under the new measures.
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India's Situation: Despite the Supreme Court's ruling, India is expected to continue paying a 10% tariff. This follows a previous trade understanding where tariffs on Indian goods were slated to be cut to 18% from 50% in exchange for India halting Russian oil purchases. However, Trump has stated that existing terms under the bilateral trade understanding would remain in force.
Other Countries: Canada and Mexico will maintain exemptions under the USMCA for a large portion of goods. However, the broad nature of the new 10% tariff suggests wider global implications.
Executive Action and Future Implications
The swift implementation of new tariffs after the court's decision highlights a strategic pivot by the Trump administration to maintain its trade agenda.

"Effective Immediately": Trump announced the new order would be "effective almost immediately" from the Oval Office.
Revenue Projections: Treasury Secretary Scott Bessent has indicated that the new measures, combined with other tariff authorities, are expected to result in "virtually unchanged tariff revenue in 2026."
Legal Challenges Ahead: Trump has suggested that the matter of refunds for tariffs collected under the now-invalidated IEEPA could be tied up in courts for years.
Key Events and Timelines
The events unfolded rapidly, with the Supreme Court ruling and the subsequent presidential announcement occurring within hours of each other.
| Event | Date | Time (approx.) |
|---|---|---|
| Supreme Court Ruling on Trump Tariffs | February 20, 2026 | Morning (US Time) |
| Trump Signs New 10% Global Tariff Order | February 20, 2026 | Afternoon (US Time) |
| New Tariffs Take Effect | February 24, 2026 | 12:01 AM EST |
| Meeting Between Trump and Brazil's Lula | March 2026 | Scheduled |
Expert Analysis and Reactions
Commentary from various sources suggests a divided view on the ruling and the administration's response.
"The US Supreme Court struck down President Donald Trump's far-reaching global tariffs, handing him a major setback." - NDTV
"Six Justices simply ruled that IEEPA authorities cannot be used to raise even one dollar of revenue.” - Treasury Secretary Scott Bessent
"The court’s 6-3 ruling invalidated his use of the International Emergency Economic Powers Act to impose tariffs without congressional approval." - India Today
"Trump has effectively used TARIFFS over the past year to MAKE AMERICA GREAT AGAIN,” the White House said on X." - Livemint
Conclusion and Outlook
The U.S. Supreme Court's decision represents a significant constraint on presidential authority in enacting trade policy. However, President Trump's immediate implementation of new tariffs, using different legal avenues, indicates a determined effort to continue his trade agenda. The precise long-term effects on global trade, business, and consumer finances remain subjects of ongoing observation.
Uncertainty Persists: The shift to new legal bases for tariffs introduces a period of adjustment and potential legal disputes.
International Response: Reactions from other nations will be crucial as they assess the implications of these new trade measures.
Domestic Impact: The effect on American businesses and consumers is expected to be substantial, with revenue collection remaining a key focus.
Sources
NDTV: Trump Tariffs Live Updates: India Tariffs Cut To 10% From Feb 24 For 150 Days (Published: 1 hour ago, Link: https://www.ndtv.com/world-news/trump-tariffs-live-updates-today-us-supreme-court-rules-against-us-presidents-global-tariffs-11113946)
India Today: Trump Tariffs Live: Trump's 10% global tariffs to come into effect from February 24 (Published: 39 minutes ago, Link: https://www.indiatoday.in/world/us-news/story/us-supreme-court-strike-down-donald-trump-tariff-emergency-law-us-president-media-briefing-live-updates-2871857-2026-02-20)
India Today: Trump signs sweeping 10% global tariffs after shredding Supreme Court ruling (Published: 1 hour ago, Link: https://www.indiatoday.in/world/story/i-can-charge-much-more-donald-trump-imposes-new-10-global-tariff-after-supreme-court-blow-2871881-2026-02-21)
Livemint: Supreme Court Trump Tariff Ruling LIVE: Trump signs order imposing 10% global tariffs, says India to keep paying tariffs | Today News (Published: 5 minutes ago, Link: https://www.livemint.com/news/us-news/us-supreme-court-tariff-decision-live-us-supreme-court-set-to-rule-on-trump-s-emergency-tariffs-11771596749867.html)
BBC News: Trump brings in new 10% tariff as Supreme Court rejects his global import taxes (Published: 2 hours ago, Link: https://www.bbc.com/news/articles/cn8146l0n55o)
NBC News: Live updates: Trump says he signed a 10% global tariff after Supreme Court decision (Published: 2 hours ago, Link: https://www.nbcnews.com/politics/supreme-court/live-blog/-trump-tariffs-ruling-supreme-court-live-updates-rcna252655)
The Guardian: Trump announces new 10% global tariffs, lashes out at supreme court justices for ‘ridiculous’ ruling - as it happened (Published: 1 hour ago, Link: https://www.theguardian.com/us-news/live/2026/feb/20/us-iran-nuclear-deal-trump-agreement-strikes-latest-news-live-updates)
BBC News: Trump announces new 10% global tariff as he hits out at 'deeply disappointing' Supreme Court ruling (Published: 5 hours ago, Link: https://www.bbc.com/news/live/c0l9r67drg7t)
The Economic Times: India to pay 10% tariff, White House urges trade partners to abide by trade deals (Published: 2 hours ago, Link: https://economictimes.indiatimes.com/news/economy/foreign-trade/india-to-pay-10-tariff-white-house-urges-trade-partners-to-abide-by-trade-deals/articleshow/128630938.cms)
NDTV: What To Know About Supreme Court Ruling On Tariffs (Published: 8 hours ago, Link: https://www.ndtv.com/world-news/what-to-know-about-supreme-court-ruling-on-tariffs-11115817)
The Economic Times: India-US trade deal unchanged, New Delhi still pays tariffs, Trump says (Published: 9 hours ago, Link: https://economictimes.indiatimes.com/news/economy/foreign-trade/donald-trump-says-india-tariffs-to-stay-intact-despite-sc-setback/articleshow/128621490.cms)
Hindustan Times: Trump's tariffs struck down by US top court: Does it mean zero tariff on India? (Published: 11 hours ago, Link: https://www.hindustantimes.com/india-news/us-top-court-quashes-trumps-tariff-orders-does-it-mean-zero-tariff-on-india-101771602440755.html)
The Times of India: 'Adjustment begins': Trump imposes 10% global tariff after US Supreme Court's setback - The Times of India (Published: 1 hour ago, Link: https://timesofindia.indiatimes.com/world/us/adjustment-begins-trump-imposes-10-global-tariff-after-us-supreme-courts-setback/articleshow/128630938.cms)