CNN 5 Things Trump's New Tariff Plan, Epstein Settlement, Nor'Easter Threat and more
Feb 20, 2026
Coverage of a new 150-day global tariff backup plan and the Supreme Court ruling that prompted it. News about a $35 million settlement from Jeffrey Epstein’s estate. A winter Nor'easter threatening heavy snow, flooding and power outages across the Northeast. A shift to more traditional immigration enforcement tactics. Updates on plans for a civil rights leader's public memorial arrangements.
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Trump's Backup Tariff Plan
- President Donald Trump announced a 10% global tariff plan after the Supreme Court struck down his sweeping tariffs.
- CNN notes refunds to corporations likely won't lower consumer prices quickly.
Tariff Refunds May Not Help Consumers
- Courts may require the government to refund collected tariffs but companies likely won't pass refunds to consumers.
- Analysts expect retailers like Walmart to keep price adjustments rather than issue direct consumer reimbursements.
Epstein Estate Settlement Details
- Jeffrey Epstein's estate agreed to pay up to $35 million to settle a class-action by survivors.
- The estate denies wrongdoing and final payouts depend on how many survivors join the settlement.