Trump is confidently moving forward, using alternative approaches to reintroduce tariffs.
Donald Trump's import tariffs have already brought the U.S. $194 billion, with projected revenue for the next decade amounting to $1.6 trillion.
The U.S. President stated that tariffs on imports of foreign goods would become a crucial part of his economic and foreign policy. However, the introduction of these tariffs faced serious obstacles when various companies and organizations successfully challenged them in court, writes economist Gary Gorny in RTVI US.
On February 20, the Supreme Court ruled that Trump did not have the authority to impose tariffs under the International Emergency Economic Powers Act (IEEPA).
In addition to the immediate repeal of the tariffs, the court ordered the Trump administration to request the Customs and Border Protection Agency to recalculate its revenues without the tariffs. Potential refund amounts for affected companies are estimated at around $166 billion.
Despite this, Trump is confidently moving forward, using alternative approaches to reintroduce tariffs. On February 24, 2026, the Trump administration imposed an additional global tariff of 10% based on Section 122 of the Trade Act of 1974.
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