# Truth Social

Type: Product

Source: Startup Intelligence Brief — https://getstartupbrief.com/entity/truth-social
Canonical HTML page: https://getstartupbrief.com/entity/truth-social

## Timeline

- **2026-07-24**: Legislative Deadline — The 150-day temporary window for Section 122 tariffs expires.
- **2026-07-21**: Statutory Deadline — The 150-day window for Section 122 tariffs expires unless extended by Congress.
- **2026-03-17**: Injunction Denied — Judge Michael Liburdi denies Kalshi's request to block state-level legal actions.
- **2026-03-17**: Criminal Charges Filed — Arizona AG Kris Mayes files a 20-count criminal indictment against Kalshi.
- **2026-02-24**: Expected Implementation — Tariffs expected to be collected at ports of entry almost immediately.
- **2026-02-24**: Effective Date — New 15% global tariffs are scheduled to begin enforcement.
- **2026-02-21**: Executive Order Signed — Trump signs 10% global tariff using Section 122 of U.S. trade law.
- **2026-02-21**: Rate Escalation — Trump announces on Truth Social the rate will increase to the 15% legal maximum.
- **2026-02-20**: Supreme Court Ruling — SCOTUS strikes down IEEPA-based tariffs in a 6-3 decision.
- **2026-02-20**: Initial Response — Trump signs a proclamation for a 10% tariff under Section 122.
- **2026-02-18**: SCOTUS Ruling — Supreme Court strikes down previous tariff authority in a 6-3 decision.
- **2025-01-20**: Federal Support — The Trump administration signals a pro-prediction market regulatory stance.
- **2024-10-01**: Federal Court Victory — Kalshi wins the right to offer election contracts following a battle with the CFTC.

## Recent coverage (5 stories)

### Trump’s Truth PSI Launch: A Startup Blueprint with 12.9M Followers
2026-07-20 10:47:51 · Sentiment: Neutral · Impact: 6/10 · Sources: 3

Truth PSI illustrates how a media startup can monetize unique, real-time content through a data-as-a-service model. While the revenue potential is huge given Trump’s 12.9 million followers, the product’s conflict-of-interest baggage may scare off investors.
Full story: https://getstartupbrief.com/story/truth-social-psi-startup-product-launch

### Arizona Files Criminal Charges Against Kalshi in Prediction Market Escalation
2026-03-18 00:12:23 · Sentiment: Bearish · Impact: 7/10 · Sources: 3

Arizona has filed 20 criminal charges against Kalshi, alleging the platform operates an illegal gambling business by offering bets on elections and college sports. The move marks a significant escalation in the jurisdictional battle between state authorities and federal regulators over the multi-billion dollar prediction market industry.
Full story: https://getstartupbrief.com/story/arizona-kalshi-criminal-charges-prediction-markets

### Trump Media Pivots to Fusion Energy as Truth Social Spin-off Looms
2026-02-28 04:30:15 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

Trump Media & Technology Group (TMTG) is restructuring into a fusion energy holding company while spinning off Truth Social into a separate public entity. Despite reporting a $712.3 million net loss for 2025, the company's asset base tripled to $2.5 billion, driven by strategic cryptocurrency holdings.
Full story: https://getstartupbrief.com/story/trump-media-fusion-pivot-truth-social-spinoff

### Trump Pivots to 15% Global Tariffs After Supreme Court Rebuffs Trade Powers
2026-02-23 00:13:22 · Sentiment: Bearish · Impact: 8/10 · Sources: 5

Following a Supreme Court ruling striking down previous import taxes, President Trump has invoked Section 122 of the 1974 Trade Act to impose a new 15% global tariff. This temporary measure bypasses the court's restriction for 150 days, creating immediate supply chain volatility for startups and global manufacturers.
Full story: https://getstartupbrief.com/story/trump-15-percent-global-tariffs-section-122

### Trump Signs 10% Global Tariff via Section 122 After Supreme Court Setback
2026-02-21 02:29:54 · Sentiment: Bearish · Impact: 8/10 · Sources: 2

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.
Full story: https://getstartupbrief.com/story/trump-global-tariff-section-122-supreme-court

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