Close Menu
    Facebook X (Twitter) LinkedIn Telegram
    Trending:
    • Three borehole workers electrocuted while installing water tank in Anambra
    • Over 100 Ogun students hospitalised after methane gas leak
    • Man re-arrested for allegedly stealing N278,000, phone In police custody
    • Police arrest suspected armed robbers, kidnappers in Rivers, recover arms
    • Suspected ATM fraudster reveals how he steals customers’ PINs In Calabar
    • Mexican drug cartels taking over Nigeria for meth production – US cries out
    • Sowore, AAC, seeks Tinubu’s support for inauguration of campaign council
    • Lagos-Calabar Coastal Highway: Tinubu must answer Questions on the route
    Facebook X (Twitter)
    Naija Daily NewsNaija Daily News
    Subscribe
    Wednesday, Oct 21, 2026
    • Home
    • Politics
    • World
      1. Africa
      2. US News
      3. View All

      Nigerians stranded in S’Africa as repatriation delays trigger humanitarian concerns

      June 19, 2026

      Eight students arrested over deadly Kenya school fire

      May 29, 2026

      Several girls feared dead as fire guts Kenyan boarding school

      May 28, 2026

      WHO declares Ebola outbreak in DR Congo, Uganda

      May 17, 2026

      Teen shooter kills four, in US school attack

      October 16, 2026

      FBI Probes ShinyHunters Claim of Massive Data Breach Affecting 38,000 Staff

      September 24, 2026

      Gunman killed after opening fire near white house, bystander injured

      May 24, 2026

      Jury begins deliberations in Alison-Madueke bribery trial in London

      May 18, 2026

      Teen shooter kills four, in US school attack

      October 16, 2026

      Brazil Election 2026: Lula Faces Flávio Bolsonaro in October 25 Runoff

      October 5, 2026

      Haitian-Canadian Author Denies AI Claims After Winning French Literary Prize

      September 24, 2026

      FBI Probes ShinyHunters Claim of Massive Data Breach Affecting 38,000 Staff

      September 24, 2026
    • Business
      1. The Technocrat
      2. View All

      Dangote, Burna Boy, two other Nigerians make Forbes Africa Icons list

      October 12, 2026

      Kenyan presidential hopeful threatens to deport Dangote over $16bn refinery project

      October 11, 2026

      NNPC reports record N7.2trn profit despite revenue decline

      September 30, 2026

      Dangote: Africa will become self-sufficient in refined fuel by 2030

      September 30, 2026
    • Entertainment
    • Education
    • Metro
    • Sports
    Naija Daily NewsNaija Daily News
    Home → World → US News → Trump slaps fresh 10% tariff on imports after Supreme Court blocks key trade powers
    Trump slaps fresh 10% tariff on imports after Supreme Court blocks key trade powers

    Trump slaps fresh 10% tariff on imports after Supreme Court blocks key trade powers

    0
    By Naija Daily News on February 21, 2026 US News
    Share
    Facebook Twitter WhatsApp Reddit LinkedIn Copy Link

    By Deborah Nnamdi

    US President Donald Trump has imposed an additional 10 percent tariff on imports into the United States, just hours after the Supreme Court struck down a central pillar of his sweeping trade policy in a 6-3 ruling.

    Trump signed the new tariff order in the Oval Office, announcing on social media that it would take effect “almost immediately.” The duty is scheduled to begin on February 24 and will last for 150 days, according to a White House fact sheet.

    The measure applies broadly, including to US trading partners that had previously negotiated tariff deals with the administration. However, exemptions will remain for sectors under separate investigations, such as pharmaceuticals, and for goods entering under the United States-Mexico-Canada Agreement.

    A White House official said the administration would explore ways to implement “more appropriate or pre-negotiated tariff rates” in the future.

    The move follows a significant legal setback earlier Friday when the Supreme Court ruled that the 1977 International Emergency Economic Powers Act (IEEPA) — a law Trump had relied upon to impose tariffs on individual countries — does not grant the president authority to levy such duties.

    Delivering the majority opinion, Chief Justice John Roberts wrote that if Congress intended to give the president the “distinct and extraordinary power to impose tariffs” under the law, it would have done so explicitly. “IEEPA contains no reference to tariffs or duties,” he said.

    The ruling marks Trump’s most significant Supreme Court defeat since returning to office 13 months ago, though it does not affect separate sector-specific tariffs on steel, aluminum, and other goods imposed under different authorities. Ongoing government investigations could still result in additional industry-focused duties.

    Reacting angrily, Trump — who nominated two of the justices in the majority — accused members of the court of lacking courage and alleged, without evidence, that foreign interests had influenced the decision.

    See also  Canada files WTO complaint against US auto tariffs

    “I’m ashamed of certain members of the court, absolutely ashamed, for not having the courage to do what’s right for our country,” he told reporters. He insisted the ruling ultimately left him “more powerful,” saying a president could charge even higher tariffs to protect the country.

    Treasury Secretary Scott Bessent, speaking at the Economic Club of Dallas, said the administration’s alternative approach would produce “virtually unchanged tariff revenue in 2026.”

    Financial markets reacted positively to the court’s decision, with Wall Street shares posting modest gains. Business groups welcomed the ruling, with the National Retail Federation saying it provided “much-needed certainty” for companies.

    However, uncertainty remains over whether businesses and consumers will receive refunds for tariffs already collected. During court proceedings, the administration said companies would be reimbursed if the levies were deemed unlawful, but the ruling did not address the issue directly.

    The Penn Wharton Budget Model estimated the decision could generate up to $175 billion in refunds. California Governor Gavin Newsom called the tariffs an “illegal cash grab” and demanded immediate repayment with interest.

    But Senator Elizabeth Warren warned there was currently “no legal mechanism” for many consumers and small businesses to recover the money already paid.

    Meanwhile, the Budget Lab at Yale University projected that the effective average tariff rate facing consumers would fall to 9.1 percent following the ruling, down from 16.9 percent, though still the highest level since 1946, excluding 2025.

    Close US trading partners, including the European Union and Britain, said they were studying the implications of the decision. Canada described the levies as “unjustified” but warned of potential new trade pressures.

    Candace Laing, president of the Canadian Chamber of Commerce, cautioned that Ottawa should brace for “new, blunter mechanisms” to reassert trade pressure, potentially with broader and more disruptive effects.

    Donald Trump United States
    Share. Facebook Twitter LinkedIn Email WhatsApp Copy Link
    Avatar of Naija Daily News
    Naija Daily News
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Naija Daily News is a Nigerian digital news platform providing timely, credible, and engaging coverage of breaking stories, current affairs, and developments shaping Nigeria and the world. We’re committed to keeping readers informed with news that is relevant, factual, and reliable.

    Related Articles

    October 16, 20263 Mins Read0

    Teen shooter kills four, in US school attack

    October 11, 20263 Mins Read0

    US names 24 Nigerians arrested over fraud, money laundering, other crimes

    September 24, 20264 Mins Read0

    FBI Probes ShinyHunters Claim of Massive Data Breach Affecting 38,000 Staff

    Leave A Reply Cancel Reply

    Poliitcs

    Sowore, AAC, seeks Tinubu’s support for inauguration of campaign council

    October 21, 2026

    2027: Wike dismisses Atiku, Obi’s presidential ambitions, declares Rivers for Tinubu

    October 20, 2026

    Rivers Assembly reverses move to vacate seats of three Fubara loyalists

    October 19, 2026

    Emmanuel Uduaghan: The Doctor who became Governor

    October 19, 2026
    Editorials

    Trump: From Convicted Felon to U.S. President-Elect

    November 15, 2025

    PENGASSAN crossed the line in Dangote dispute

    October 8, 2025

    Editorial: PENGASSAN crossed the line in Dangote dispute

    October 8, 2025

    Nigeria’s Push for STEM Education: Preparing the Next Generation for a Digital Future.

    August 15, 2025
    Popular Posts

    Nigeria Tax Act: No VAT on land, buildings, rent – Taiwo Oyedele

    February 15, 2026

    Exploring the Rise of Nigeria’s Creative Industry: Opportunities and Challenges.

    August 11, 2024

    Meta deploys facial recognition to help users regain access to locked accounts

    October 23, 2024

    Subscribe to News

    Subscribe to Naija Daily News and get trusted news, and the day's biggest stories delivered to your inbox.

    Facebook X (Twitter) Pinterest WhatsApp TikTok Instagram

    Sections

    • Home
    • National
    • World
    • Politics
    • Crimes
    • Business
    • Metro

    More

    • Sports
    • Health
    • Technology
    • Africa
    • US News
    • Travel
    • Education

    About Us

    • Our Mission
    • Contact Us
    • Contact the Editors
    • Site Map
    • Do Not Sell Data
    • Newsletter
    • Privacy Policy

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design, and business.

    © 2026 Naija Daily News. All Rights Reserved.
    • Privacy Policy
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.