Fresh U.S. tariffs on imported goods came into effect on Tuesday (February 24, 2026), as President Donald Trump moved to rebuild his trade agenda after the Supreme Court ruled against a swath of his global duties. His sector-specific tariffs on goods like steel and autos remain intact, but the ruling sets the stage for a complex fight for refunds elsewhere. The conservative-majority court ruled six to three that Mr. Trump had exceeded his authority in using a 1977 law to impose sudden tariffs on individual countries. “The Trump tariffs amounted to an average tax increase per U.S. household of $1,000 in 2025,” she added. Mr. Cutler warned that Mr. Trump’s actions could intensify U.S. partners’ disappointment.

Source: The Hindu February 24, 2026 13:10 UTC