Breaking news out this Friday morning and it is not good…
The Supreme Court has just ruled 6-3 AGAINST President Trump’s IEEPA Tariffs:
*TRUMP’S GLOBAL TARIFFS STRUCK DOWN BY US SUPREME COURT
— zerohedge (@zerohedge) February 20, 2026
Supreme Court Ruling on Tariffs and IEEPA
The Supreme Court ruled 6–3 that President Trump cannot use the International Emergency Economic Powers Act (IEEPA) to impose his broad tariffs on imports from Canada, Mexico, China, and many other countries.
Why?
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Constitutional Authority: The Constitution gives Congress (not the President) the power to set tariffs/taxes in peacetime.
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Statutory Limits: IEEPA lets the President regulate or block imports in emergencies, but it never mentions tariffs and doesn’t give him authority to create or change them unilaterally.
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Scope of Power: These tariffs were too sweeping and unlimited to be covered by vague words like “regulate importation.”
Result
The tariffs are illegal under IEEPA. The Court blocked them (or allowed lower courts to do so). Congress must approve any such tariffs.
