February 24, 2026 - Current affairs for all the Exams: US Halts Illegal Tariffs Following Supreme Court Ruling; President Trump Set for 2026 State of the Union Address
February 24, 2026
On February 24, 2026, the United States officially ceased the collection of tariffs previously imposed under the International Emergency Economic Powers Act (IEEPA) following a landmark Supreme Court ruling. The shift occurs as President Donald Trump prepares for his State of the Union address, which is expected to solidify a new "America First" trade strategy, including a replacement 15% blanket tariff.
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