Supreme Court Strikes Down Tariffs – But Trade Uncertainty Isn’t Over
The US Supreme Court ruled 6-3 on February 20, 2026, that President Trump exceeded authority by using the International Emergency Economic Powers Act (IEEPA) for broad tariffs on imports from nearly every nation. This invalidated 2025’s “Liberation Day” 10% baseline and higher reciprocal rates on China (34%), Canada, Mexico, but spared some existing duties. Stocks […]