“Trump 2.0 – Truth of Trade Weaponising: “Trump Always Chickens Out” – Does he?”, MyIndMakers, 21 Sep 2026.
“As of mid-to-late September 2026, the second Trump administration has pursued an aggressive, protectionist trade agenda centred on tariffs and related economic tools. Early broad tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were invalidated by the United States Supreme Court. The administration responded by shifting to other statutory authorities, including Section 232 of the Trade Expansion Act of 1962 (national security), Section 301 of the Trade Act of 1974 (unfair trade practices), Section 122 of the Trade Act of 1974 (temporary balance-of-payments measures), and Section 338 of the Tariff Act of 1930. The overall effective tariff rate on United States imports rose significantly from pre-2025 levels (around 2 per cent) but moderated after legal setbacks, settling in the mid-to-high single digits to low double digits depending on the metric and period.
This article details the status of tariffs, the precise update on court-ordered refunds of collected IEEPA duties, country-specific impacts on United States imports and exports and other economic measures adopted by Trumpian Politics.
Status of Major Tariffs
IEEPA-based tariffs—including “fentanyl”-related duties on Canada, Mexico, and Communist Regime-occupied China, plus broad “reciprocal” or Liberation Day tariffs on most trading partners—were struck down by the Supreme Court on February 20, 2026, in Learning Resources, Inc. v. Trump. The Court held that IEEPA does not authorise tariffs, which constitute a form of taxation reserved for Congress.
Soon a temporary 10 per cent across-the-board tariff under Section 122 replaced much of the invalidated structure and ran for 150 days until July 24, 2026………”
Read the full article at MyIndMakers.
