Update Feb 21, 2026: SCOTUS struck down IEEPA tariffs 6-3. Section 122 replacement: 15% global tariff effective Feb 24 (raised from 10% on Feb 21 — statutory max) (150-day cap, expires ~July 24). Auto tariffs under Section 232 (25%) are unaffected — they survive the ruling. UK side deal: 100,000 vehicles at 10% instead of 25%. US manufacturers get 3.75% MSRP offset through Apr 2026, then 2.5%. Full ruling analysis →