Tariff chronology, 20–24 February 2026: the three-reversal scorecard is withdrawn

A dated correction distinguishes signed actions from their effective date and withdraws the unsupported call and hedge outcomes.

What changed in this article

Editorial correction · 9 September 2026. The original article was published on 24 February 2026 and described a “three-reversal” sequence from 20 to 23 February. The source links on the retained page were landing pages rather than the exact opinion, order or proclamation, and it did not include the timestamped call register or the hedge-and-stop calculations behind its 91-call, 20/91 and 53/91 results. Those outcomes, market-tape figures and causal claims are withdrawn. The original URL and publication date remain unchanged.

This correction records the dated policy documents without offering current legal or investment advice.

The source-complete chronology

Date	Official record	Dated fact	What the record does not prove
20 February 2026	Supreme Court opinion in Learning Resources, Inc. v. Trump	The Court issued the opinion for the tariff-authority case.	It is not a market-price series, influencer register or customs-entry report.
20 February 2026	Executive Order 14389	The order directs the termination of certain IEEPA-based tariff actions and expressly distinguishes the temporary surcharge in Proclamation 11012.	It is not evidence that a separate 10% surcharge was an executive order.
20 February 2026	Proclamation 11012	The proclamation establishes a temporary 10% import surcharge for 150 days and states an effective time of 12:01 a.m. Eastern on 24 February 2026 for covered goods, subject to its exceptions.	It does not substantiate a 15% measure effective on Monday, 23 February.
25 February 2026 publication; 24 February effective date	Federal Register notice	The published notice preserves the 20 February signature and 24 February effective date.	It does not convert the original page’s 20–23 February narrative into a three-event return study.

The original page’s claimed 10% to 15% escalation on 23 February is not supported by the exact official records reviewed for this correction. That is a source boundary, not a claim that no other contemporaneous statement existed. A separate announcement would need its own dated, primary record before it could be placed in the sequence.

The Court opinion, executive order and proclamation are also not three equivalent “tariff reversals.” They have different legal functions and status labels. The documents direct or specify implementation, but the supplied record does not show individual customs entries, a stay, or a realized market response.

What is withdrawn

The 91-call sample, 20/91 (22.0%) Monday-close result, 53/91 (58.2%) hedge-and-stop result, median returns, drawdowns, “still valid” count, S&P 500/Dow/Nasdaq figures and the claim that the sequence caused influencer books to fail are withdrawn. No call-level URLs and timestamps, classification rubric, instrument marks, hedge fills, stop executions, fees or calculation output were published.

The “three reversals in 72 hours” title is therefore corrected to a neutral chronology-and-evidence question. It is not retained as a verified event study.

Required fields before scoring policy-event calls

Record the exact policy document and timezone, event status (announced, signed, effective, stayed or implemented), call URL and capture time, directional wording and horizon, instrument/venue/currency, benchmark and price marks, entry/exit and stop rules, hedge timing, costs and the complete event register. Keep legal chronology, market reaction and creator performance as separate datasets.

Original publication: 24 February 2026. Correction: 9 September 2026. AI-assisted source checking and writing; no independent human expert review. This page is educational market research, not personalized investment advice.