US Implements New 10% Global Tariff Under Section 122 Following Supreme Court Ruling

The United States has imposed a new 10% global tariff under Section 122, effective February 24, 2026, for a period of 150 days. This action follows a Supreme Court ruling that invalidated previous tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The new tariffs are impacting global trade and prompting companies to reassess their supply chains for duty efficiency.