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Trump Increases Tariffs to 15% Amid Supreme Court Ruling

2/21/2026

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Summary

Story summary

U.S. President Donald Trump announced on February 21, 2026 that tariffs rise to 15% after a Supreme Court ruling.
The move uses Section 122, which allows 15% but requires congressional approval beyond 150 days.
Trump says the tariffs are essential to his economic strategy, arguing foreign countries have ripped the U.S. off.
Treasury Secretary Scott Bessent notes tariff revenue should stay unchanged in 2026 as other legal authorities are used.

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Story summary

U.S. President Donald Trump announced on February 21, 2026 that tariffs rise to 15% after a Supreme Court ruling.
The move uses Section 122, which allows 15% but requires congressional approval beyond 150 days.
Trump says the tariffs are essential to his economic strategy, arguing foreign countries have ripped the U.S. off.
Treasury Secretary Scott Bessent notes tariff revenue should stay unchanged in 2026 as other legal authorities are used.