Last mentioned: 4h ago
Statutory Deadline
The 150-day window for Section 122 tariffs expires unless extended by Congress.
Expected Implementation
Tariffs expected to be collected at ports of entry almost immediately.
Executive Order Signed
Trump signs 10% global tariff using Section 122 of U.S. trade law.
SCOTUS Ruling
Supreme Court strikes down previous tariff authority in a 6-3 decision.
President Trump has signed an executive order imposing a 10% global tariff on all imports, bypassing a restrictive Supreme Court ruling by utilizing Section 122 of U.S. trade law. The move creates an immediate 150-day window of increased costs for global supply chains, requiring Congressional approval for any long-term extension.
The US Supreme Court has invalidated the administration's use of emergency powers to impose broad tariffs, providing a multi-billion dollar reprieve for hardware giants and startups. While the ruling stabilizes supply chain costs for venture-backed manufacturing, it has triggered a fresh wave of executive-judicial conflict as the President vows a new 10% global tariff.
The U.S. Supreme Court has issued a landmark ruling declaring that the broad tariffs implemented by the Trump administration violated federal law. This decision effectively dismantles a multi-year trade policy framework, offering immediate relief to hardware startups and globalized venture-backed enterprises.