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Trump’s 15 percent tariff bomb hits price panic button

Updated On: 22 February, 2026 02:19 PM IST

President Donald Trump has raised temporary tariffs from 10&#37 to 15&#37 on U.S. imports after the Supreme Court struck down his earlier trade program. The new move relies on Section 122, a rarely used statute that allows tariffs up to 15&#37 for 150 days without prior congressional approval.    

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