Top Story · Feb 20, 2026
Supreme Court Strikes Down Trump's Tariffs — What It Means For You
The U.S. Supreme Court ruled today that President Trump violated federal law by using emergency powers (IEEPA) to impose sweeping tariffs on nearly all imports. The court ordered those tariffs vacated. Trump quickly responded, saying he'll sign a new executive order to keep a 10% global levy in place using different legal authority. Markets rose on the news, but economists warn uncertainty remains high — and everyday goods like electronics, cars, and clothing may still see price increases. The ruling is one of the biggest legal checks on Trump's trade agenda so far.