US tariff policy 'hasn't changed', says Trump's trade representative

February 23, 2026

The Supreme Court ruled that President Trump exceeded his authority by using the 1977 International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, prompting the administration to shift legal strategies while maintaining its tariff policy. Trump immediately invoked alternative legislation to impose a new 15% global tariff rate starting Tuesday, though this authority requires Congressional approval after 150 days. Countries that previously negotiated lower tariff rates under individual trade deals now face the higher blanket rate, despite having made concessions to secure those agreements.

Who is affected

US companies importing foreign goods (who pay the tariffs)
American consumers (facing higher prices)
Countries that negotiated individual trade deals with the US, including the UK, Mexico, China, Canada, and the European Union
International businesses exporting to the US, such as Fraser Smeaton's UK costume company
The global economy
US taxpayers/companies who paid an estimated $130 billion under IEEPA tariffs

What action is being taken

Trump is implementing a new 15% tariff rate on imports from all countries, effective Tuesday, using alternative legislation
The Trump administration is examining other legal mechanisms to raise further tariffs
The administration is reconstructing its tariff implementation approach using different legal tools
US Trade Representative Jamieson Greer is conducting media interviews to explain the policy

Why it matters

This matters because tariffs significantly impact global trade relationships, consumer prices, and economic stability. The Supreme Court ruling represents a major legal check on presidential power regarding trade policy, forcing the administration to work within more limited legal authorities that require Congressional oversight after 150 days. The uncertainty created by constantly changing tariff rates disrupts international business planning and threatens previously negotiated trade agreements. With 90% of tariff costs being absorbed by US companies according to Federal Reserve analysis, American businesses and consumers bear the primary financial burden while the administration pursues its goal of boosting domestic manufacturing and addressing trade deficits.

What's next

The new 15% global tariff rate becomes effective on Tuesday
After 150 days, Congress must be consulted for an extension of the current tariff authority
The issue of refunds for $130 billion paid under IEEPA tariffs is expected to be heard by a lower court
The Trump administration will continue exploring other legal mechanisms to implement additional tariffs

Read full article from source: BBC