US EditionSupreme Court Strikes Down Trump’s Sweeping Global Tariffs
- On Friday, the U.S. Supreme Court invalidated President Donald Trump’s use of the International Emergency Economic Powers Act to impose tariffs in a 6-3 decision.
- Seven businesses and 12 states challenged the tariffs under IEEPA, prompting consolidated Supreme Court review after lower courts ruled against Trump.
- Chief Justice John Roberts wrote that IEEPA contains no reference to tariffs and that taxing power belongs to Congress, with Justices Neil Gorsuch, Amy Coney Barrett, Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson joining the majority.
- Refund claims are expected, with analysts estimating over $175 billion may need to be refunded, but the court left refund logistics unclear for U.S. importers and companies seeking refunds.
- The Trump administration said it will seek other statutory avenues and President Donald Trump planned a Friday news briefing, despite Friday's ruling.
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How major US stock indexes fared Friday, 2/20/2026
Wall Street kept calm after the Supreme Court struck down President Donald Trump’s sweeping tariffs, and stocks ticked higher. The S&P 500 added 0.7% Friday. It had been flipping between small gains and losses before the court’s ruling, following discouraging…
L.A. Councilmember McOsker says SCOTUS ruling on tariffs is ‘going to be good for jobs’
Los Angeles City Councilmember Tim McOsker, whose district includes the Port of Los Angeles, called the Supreme Court ruling upending the Trump administration’s sweeping trade tariffs the correct decision.
The Daily Advance
Enid News & EagleSupreme Court strikes down Trump’s sweeping tariffs, sparking fierce pushback and vow of new levies
President Donald Trump says he's imposing a temporary global tariff of 10% after his far-reaching tariff regimen was struck down by the Supreme Court. The court handed him a stinging loss on an issue crucial to his economic agenda. Trump…
Jyllands-Posten
avisendanmark.dkAccording to US President Donald Trump, there are several alternatives to tariffs. Trump said this at a press conference after the US Supreme Court ruled on Friday that Trump's punitive tariffs are not legal. Here is the ad...
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