CNN video / Saturday, Feb. 21, 2026 / President Donald Trump said Friday he’s immediately going to enact a 10% global tariff under a trade law known as Section 122 following the Supreme Court’s landmark ruling earlier in the day. In a 6-3 decision, the justices found Trump lacked the authority to impose sweeping tariffs, citing emergency economic authority. But unlike the prior tariffs Trump imposed, the new levies can remain in place for no more than 150 days, unless Congress approves an extension. Trump also told reporters he will initiate several new investigations as necessary precursors to imposing tariffs under a separate trade law known as Section 301.