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Trump’s global tariffs struck down by US Supreme Court
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Supreme Court of the United States: Learning Resources, Inc. v. Trump, President of the United States
The question presented is whether the International Emergency Economic Powers Act (IEEPA) authorizes the President to impose tariffs. See 91 Stat. 1626. Shortly after taking office, President Trump sought to address two foreign threats: the influx of illegal drugs from Canada, Mexico, and China, Presidential Proclamation No. 10886, 90 Fed. Reg. 8327; Exec. Order No. 14193, 90 Fed. Reg. 9113; Exec. Order No. 14194, 90 Fed. Reg. 9117; Exec. Order No. 14195, 90 Fed. Reg. 9121, and “large and persistent” trade deficits, Exec. Order No. 14257, 90 Fed. Reg. 15041. The President determined that the drug influx had ... (full story)
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*SUPREME COURT RULES 6-3 AGAINST TRUMP ON TARIFFS
— Nour Eldeen Al-Hammoury (@NourHammoury) February 20, 2026
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Supreme Court does not address eligibility for tariff refunds.
— FinancialJuice (@financialjuice) February 20, 2026
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From breakingthenews.net|Feb 20, 2026|1 commentConsumer sentiment in the United States continued to improve in February, according to a final monthly report published by the University of Michigan on Friday. The index ...
From @FirstSquawk|Feb 20, 2026|34 commentsTRUMP SAYS SCOTUS RULING A "DISGRACE" - CNN TRUMP SAYS HE HAS BACKUP PLAN FOR TARIFFS AFTER RULING: CNN News: President Trump commented on the Supreme Court ruling striking down his tariffs while inside the White House breakfast with governors this morning, calling it a "disgrace," I'm told. He told those gathered that he has a backup plan.
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