India, Feb. 21 -- US President Donald Trump on Friday moved quickly to replace tariffs invalidated by the Supreme Court, announcing a temporary 10% global import duty for 150 days while launching new investigations under other statutes that could pave the way for fresh trade levies.

Trump wrote on Truth Social, "It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries, which will be effective almost immediately".

Speaking at a briefing earlier, Trump said he was invoking Section 122 of the Trade Act of 1974 to impose new tariffs that would be layered on top of duties still in force.

The move is intended to partly offset the 10% to 50% tariffs previously enacted under the 1977 International Em...