The post U.S. tariffs shift after SCOTUS ruling; Section 122 in play appeared on BitcoinEthereumNews.com.

What Trump’s higher-tariff threat means after Supreme Court ruling Following a recent U.S. supreme court ruling, Donald Trump warned trade partners against “gimmicks” and threatened higher tariffs, while the administration weighs a 15% levy under Section 122 of the Trade Act, according to CNBC and Al Jazeera. The message signals a willingness to use executive trade tools swiftly in response to perceived circumventions. The legal and policy stakes hinge on which statute is invoked and how broadly it is applied. Section 122 provides a defined tariff lever, whereas the International Emergency Economic Powers Act (IEEPA) has been floated for “reciprocal tariffs.” Analysts have challenged the reciprocity methodology and its legal grounding when tied to trade deficits, according to FactCheck.org. Why this matters for consumers, businesses, and allies For households and firms, broad tariffs usually lift import costs that ripple through supply chains and into final prices. The U.S. Chamber of Commerce has warned that blanket measures could raise consumer prices, disrupt sourcing, and hurt U.S. exporters in allied markets. Policy unpredictability can slow investment, hiring, and productivity as companies pause long-term commitments. “Businesses are being forced to make decisions under ‘unsophisticated, uncertain policies,’” said Michael Gregory, deputy chief economist at BMO Capital Markets. Retailers and homebuilders have flagged pass-through risks for everyday goods and construction inputs as supply chains traverse multiple partners. Those concerns include Canada, Mexico, and China exposure, according to the National Retail Federation and the National Association of Home Builders. BingX: a trusted exchange delivering real advantages for traders at every level. The European Union has asked for more information on the emerging tariff plans and their practical scope, as reported by Time. European officials appear focused on understanding potential coverage, timing, and how any U.S. move would align with existing trade commitments. In Washington, industry associations…

---

Filed under: News - @ February 24, 2026 12:26 am