Following the U.S. Supreme Court's ruling on February 20, 2026, which invalidated tariffs imposed under the International Emergency Economic Powers Act (IEEPA), President Donald Trump has enacted a new 10% blanket reciprocal tariff on imports from most countries under Section 122 of the Trade Act of 1974. This new tariff, announced on February 23, will lower the effective tariff rate for the U.S. to 9.4% from 12.7%, according to Fitch Ratings. Notably, importers in the United States are expected to front-load goods from China in anticipation of potential tariff increases, as analysts suggest that companies selling products made in China may place larger orders in the coming weeks due to the uncertainty surrounding Trump's pledge to raise the tariff from 10% to 15%. This could lead to a brief window of relief for U.S. importers, as reported by the South China Morning Post on February 27, 2026.
BUSINESS
Trump Enacts 10% Tariff Amid Supreme Court Ruling Impact
82% NEGATIVE
After the Supreme Court invalidated IEEPA tariffs, Trump enacted a 10% reciprocal tariff on imports, prompting U.S. importers to stock up on Chinese goods amid uncertainty over potential increases.
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