Supreme Court Strikes Down Most Of Trump's Tariffs
Investopedia·2026-02-20 17:00

Key Takeaways Get personalized, AI-powered answers built on 27+ years of trusted expertise. President Donald Trump's signature economic policy was illegal. The ruling imposes new restraints on Trump's ability to slap tariffs on countries at the drop of a hat "Against that backdrop of clear and limited delegations, the Government reads IEEPA to give the President power to unilaterally impose unbounded tariffs and change them at will," Chief Justice John Roberts wrote in the majority opinion. "That view would ...