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REDDIT

Trump Announces New 10% Global Tariff

M
Feb 20, 2026 · 18:43

During his speech regarding the Supreme Court decision, a new 10% global tariff was announced.

"Today I will sign an order to impose a 10% global tariff under section 122, over and above our normal tariffs already being charged"

Section 232 and section 301 tariffs remain fully in place

Edit 2: Tariffs are limited to 150 days according to AI
>Section 122 of the Trade Act of 1974 (19 U.S.C. § 2132) empowers the U.S. President to impose temporary, targeted import restrictions—such as surcharges up to 15% or quotas—for up to 150 days to address "large and serious" balance-of-payments deficits. It acts as a fast-acting trade tool requiring no initial investigations, but congressional approval is needed for extensions

edit 1
[WSJ Article](https://www.wsj.com/livecoverage/stock-market-today-us-gdp-report-02-20-26/card/trump-says-he-will-impose-10-global-tariff-under-different-authority-kYLJL2wuVAz9XRa2H65x?gaa_at=eafs&gaa_n=AWEtsqeyaAKC4tpqUS_iiYPw1AOq6zgV8PsNCjjWNyiirtcqBTujSpFOlhkhJbVBa1Y%3D&gaa_ts=6998aedc&gaa_sig=Gp6eEc6qJPPOj0tt_KJ0mKiDrtS2LbP48x6coeUPreVoj1ctMoxUSviqtbwRyTSPsP1nHdoa-H74HM8wLFqeJA%3D%3D)

[CNBC Article](https://www.cnbc.com/2026/02/20/trump-global-trade-tariff-supreme-court.html)

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