US EditionSupreme Court Strikes Down Trump’s Sweeping Global Tariffs
- On Feb. 20, the Supreme Court struck down President Donald Trump’s global tariffs in a 6-3 decision, with Chief Justice John Roberts writing the majority opinion joined by three liberal justices and Justices Neil Gorsuch and Amy Coney Barrett.
- Trump invoked the 1977 International Emergency Economic Powers Act to impose `reciprocal` tariffs in April 2025, the first use of IEEPA to set tariffs, citing a national emergency.
- A coalition of states and small businesses sued, leading to consolidated expedited cases, while many companies including Costco sought refunds after paying the emergency tariffs.
- Treasury data show collections topping more than $133 billion, with tariffs affected amounting to over $175 billion, while the Congressional Budget Office estimates the decade-long impact at $3 trillion and officials say the administration may seek other legal authorities to preserve some duties.
- This decision constrains presidential emergency trade authority and marks a rare judicial rebuke, as the Court emphasized that the Constitution vests taxing power, including tariffs, in Congress, limiting the Trump administration’s emergency powers with unclear long-term trade and supply-chain impacts.
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Op-Ed: News/Media Alliance applauds Supreme Court decision overruling IEPPA tariffs
Posted Friday, February 20, 2026 11:53 am We support strong trade enforcement to protect U.S. industries and U.S. jobs. Tariffs, however, are counterproductive and unnecessary. Their further implementation would result in the loss of thousands of jobs in the already-stressed U.S. publishing, printing and paper industries, leading to less quality journalism available to the American people.” Danielle Coffey, president and CEO of the News/Media A…
US Supreme Court strikes down Trump tariffs | Morning News Bulletin 21 February 2026
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Trump Media Stock Plummets to Yearly Low While He Uses Truth Social to Attack His Own Supreme Court Justices Over Tariffs
Trump is using his social media platform, Truth Social, as a megaphone to attack the Supreme Court over tariffs. Meantime, Truth Social is funded by Trump Media, which has dropped 63% over the least year. The price right now has plummeted to its lowest price, at $10.35. The record low price and the severe drop […] The post Trump Media Stock Plummets to Yearly Low While He Uses Truth Social to Attack His Own Supreme Court Justices Over Tariffs ap…
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