Trump 2.0: The Tariff Game Isn’t Over The Supreme Court halts global tariffs — but Trump strikes back instantly! Old tariffs are gone, new ones arrive: a fresh 10% global tariff kicks in on February 24, 2026. How much will this hit our wallets? Stay tuned

February 20, 2026: Global Tax (Aggressive TAX) Suspended, But the Game Isn’t Over

― This is only “halftime.” President Donald Trump adjusts his strategy, and the world now watches for the impact on the economy, currencies, stock markets, and precious metals.
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U.S. Supreme Court Ruling (February 20, 2026)

Decision: By a 6–3 vote, the Court ruled that using the IEEPA law to impose permanent tariffs exceeded presidential authority.
Result: Comprehensive Global Tariffs were struck down.
Impact: The U.S. government may have to refund $160–175 billion in tariffs already collected → a “powerful stimulus” flowing back into corporations and the stock market.
Immediate Effect

U.S. Dollar weakened: Markets eased concerns over inflation and trade wars.
 

⚡ Trump’s “Countermove” — New 10% Tariff

Legal Basis: Section 122 of the Trade Act of 1974
Measure: 10% tariff on global imports
Effective: February 24, 2026, at 00:01, valid for up to 150 days (extension requires Congress approval)
Exceptions: Canada and Mexico (under USMCA), plus certain goods such as pharmaceuticals, beef, and some car models
Impact: Major trading partners including the EU, UK, Japan, and India face new tariffs → risk of retaliatory measures
 

Currency Markets: Dollar Weak Now, But Rebound Likely

USD: Short-term weakness from refund news, but potential rebound once new tariffs take effect
THB: Strong at around 31.12 per dollar due to fund inflows, but risk of intervention if baht strengthens too much
CNY: Firm at 6.91 per dollar, despite being a primary target of new tariffs
EUR: Recovery as pressure on German and European exports eases
JPY: Stable to slightly stronger, but volatility tied to BOJ policy