Trump Vows New 10% Tariffs After Supreme Court Loss

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 20 February 2026

⏱️ 13 minutes

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Summary

P.M. Edition for Feb. 20. After the U.S. Supreme Court ruled the president exceeded his powers when he imposed global tariffs, Trump responded by announcing 10% global tariffs under a different legal authority. WSJ economic policy reporter Gavin Bade breaks down what happened and the implications. Plus, U.S. intelligence agencies have concluded that between 15,000 to 20,000 people are now at large in Syria after an ISIS detention camp collapsed. And Florida Rep. María Elvira Salazar is one of few Republicans saying that Trump’s hard-line deportation policies might cost the GOP the midterms. Journal political reporter Sabrina Rodriguez tells us what she discussed with Salazar in a recent interview. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Sharpen your perspective on the future of technology and business in 2026.
0:04.9	Take a look inside the new edition of ThoughtWorks Looking Glass and discover how business leaders can prepare their organizations for the future and make informed decisions that have a lasting impact.
0:15.3	Find out more at ThoughtWorks.com slash looking glass.
0:23.3	New economic data show that growth slowed and inflation rose at the end of last year.
0:29.2	Plus, the Supreme Court rules that President Trump's global tariffs are illegal.
0:33.2	President Trump responds with more tariffs.
0:35.5	Other alternatives will now be used to replace the ones that the court incorrectly rejected.
0:41.0	We have alternatives.
0:43.5	Great alternatives.
0:44.9	Could be more money.
0:45.8	We'll take in more money.
0:47.6	And we'll be a lot stronger for it.
0:49.4	And meet the Republican Congresswoman pushing back on Trump's immigration policies.
0:54.3	It's Friday, February 20th.
0:56.3	I'm Alex Oslo for the Wall Street Journal.
0:58.7	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:08.6	The U.S. Supreme Court ruled today that President Trump's tariffs are illegal.
1:12.8	In its six to three decision, the justice has found that the president went too far in enacting
1:16.9	his most sweeping tariffs without clear authorization from Congress. The first time the Supreme
1:21.2	Court has definitively struck down one of Trump's second term policies. For more, on the
1:25.7	implications of the ruling, I'm joined now by WSJ Economic Policy Reporter, Gavin Bade. Gavin, the case involved two categories of tariffs,
1:33.1	one that Trump imposed on pretty much every country in the world, ostensibly to repair
	...

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