President Donald Trump speaks alongside Secretary of Commerce Howard Lutnick (center) and US Trade Representative Jamieson Greer (right) during a press briefing held at the White House on Friday. Anna Moneymaker/Getty ImagesPresident Donald Trump announced today that he will increase the global tariffs he imposed yesterday from 10% to 15%. The move comes in response to a Supreme Court ruling that found Trump exceeded his authority when he imposed emergency tariffs on trading partners. Now there will likely be protracted legal battles over how and when the administration will refund companies billions of dollars. • More Supreme Court ruling responses: Trump called Justice Brett Kavanaugh his “new hero” this morning after Kavanaugh sided with Trump in yesterday’s ruling, while two of his other appointees sided against him.

Source: CNN February 21, 2026 15:00 UTC