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Trump’s 15 percent tariff bomb hits price panic button, Congress likely to kill it?

22 February,2026 02:19 PM IST

President Donald Trump has raised temporary tariffs from 10% to 15% 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% for 150 days without prior congressional approval.

 

 

22 February,2026 02:19 PM IST

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