The 10% global tariff that President Trump slapped on imports under Section 122 of the Trade Act of 1974 is set to expire on July 24. And the White House is already moving to ensure that deadline doesn’t mean a return to tariff-free trade.
The administration is preparing to either renew or replace the measure, effectively restarting a trade war that the Supreme Court temporarily interrupted back in February.
How we got here
On February 20, 2026, the Supreme Court delivered a 6-3 ruling in Learning Resources, Inc. v. Trump that fundamentally changed the tariff playbook. The court held that the International Emergency Economic Powers Act, or IEEPA, does not grant the president authority to impose tariffs.
That decision invalidated a sweeping set of tariffs that had been announced in April 2025, which ranged from a baseline of 10% up to 41% on certain countries.
