President gets a big blow from the US Supreme Court…Trump’s anger and announcement of ‘Plan-B’: 10% global tariff implemented

Washington/New Delhi. US President Donald Trump’s ‘tariff rule’ has been strongly attacked by the Supreme Court there. Friday, 20 February 2026 In a historic decision, the Supreme Court struck down ‘reciprocal tariffs’ and other trade charges imposed by Trump. unconstitutional and illegal The agreement has been made. The bench headed by Chief Justice John Roberts, while giving the verdict with a majority of 6-3, said that the President had exceeded the limits of his powers. After this decision, not only has Trump’s economic agenda faltered, but now there is also huge pressure on the American government to refund the billions of dollars deposited.

Supreme Court’s scathing comment: ‘IEEPA is not a tax collecting law’

The court made it clear in its order that the President had International Emergency Economic Powers Act (IEEPA) Misinterpreted. The court said that this law gives the President the power to ‘regulate’ transactions during an emergency, and not to impose unilateral taxes or tariffs on the world. Chief Justice John Roberts said in strong words – “The Constitution has clearly given the power to impose taxes to Congress, not to the President. The President cannot consider himself the owner of unlimited powers without legislative permission.”

Crisis on 264 billion dollars in treasury, demand for refund intensifies

Even though Trump’s tariffs had enriched the American treasury, now the same money has become a thorn in the neck for the government. According to the data:

• revenue collection: In the year 2025, America will 264 billion dollars Customs revenue collected was more than three times that of $79 billion in 2024.
• Refund Claim: Experts estimate that collected under the IEEPA tariffs declared illegal 175 billion dollars Now the companies may have to return the amount.
• Preparation of companies: More than 1,000 global companies have already filed legal filings for refunds.

Trump’s anger and announcement of ‘Plan-B’: 10% global tariff implemented

Enraged by the court decision, President Trump has expressed his displeasure by calling the judges ‘unpatriotic’. However, instead of accepting defeat, he immediately ‘Plan-B’ Announced:

1. Recourse to Section 122: Trump has now imposed sanctions on all countries under ‘Section 122’ of the Trade Act of 1974. 10% global tariff It has been announced to install. This law allows levy of duty for 150 days on the basis of Balance of Payment (BOP).
2. Impact on India: Trump made it clear that there will be no change in the Interim Trade Deal signed with India. Indian exporters will still have to pay tariffs within the prescribed limits, although the Supreme Court decision has strengthened India’s position at the diplomatic table.

What will be the impact of global trade war?

This decision of the Supreme Court has given great relief to global trading partners for the time being. This legal victory has brought a new hope for exporters from countries like China, Canada, Mexico and India. However, the old tariffs (Section 232) on steel and aluminum will still continue. The coming two weeks will be decisive for the US economy and global markets, as the Trump administration will now try to maintain its ‘tariff wall’ through alternative legal routes.