President Donald Trump announced plans to impose a 10% global tariff for 150 days, replacing emergency duties struck down by the Supreme Court. The new measure will be issued under Section 122 of the Trade Act of 1974, allowing duties of up to 15% for 150 days related to balance of payments issues.

Trump stated the tariff would apply on top of existing duties without requiring investigations or procedural limits. The Supreme Court had ruled that Trump's broader tariffs under the International Emergency Economic Powers Act exceeded presidential authority. The administration is also launching several Section 301 unfair trade practices investigations to protect against foreign trading practices.

This marks a significant shift in U.S. trade policy following the court's decision. The 10% tariff represents Trump's alternative approach to address trade imbalances while working within legal constraints. The administration believes these measures could generate more revenue and strengthen America's negotiating position with trading partners.