New Delhi, Feb. 21 -- President Donald Trump, following the Supreme Court ruling striking down his emergency IEEPA tariffs, announced that he will sign an order to "impose a 10% global tariff under Section 122."

He clarified, "This will be over and above our normal tariffs already being charged."

The President added that all existing national security tariffs under Sections 232 and 301 will remain in place.

Tthe new tariffs would be limited to 150 days unless extended legislatively.

Trump emphasized that the Supreme Court "did not overrule tariffs, they merely overruled a particular use of IEEPA tariffs."

He said he is now pursuing other avenues to impose tariffs, including Section 232, which requires a Commerce Department investigat...