President Donald Trump’s economic agenda was handed a massive blow on Friday, after the Supreme Court struck down the ‘Liberation Day’ tariffs in a 6-3 vote. The apex court stated that Trump exceeded his authority in imposing tariffs, and the International Emergency Economic Powers Act (IEEPA) ‘does not authorize the President to impose tariffs’. US … Read more
President Donald Trump reacted to the Supreme Court’s latest tariff ruling, calling it a ‘disgrace’. During a White House breakfast, the 79-year-old reiterated that he has a ‘backup plan’, according to CNN. While the president did not get into specifics, his administration has spoken about other possibilities before. President Donald Trump holds a chart as … Read more
The Supreme Court on Friday struck down President Donald Trump’s global tariffs. The justice, in a 6-3 ruling authored by conservative Chief Justice John Roberts, focused on tariffs imposed under an emergency power, including the sweeping “reciprocal” tariffs announced by the Trump administration of almost every country. Trump administration argued that a 1977 law allowing … Read more
The US Supreme Court on Friday gave a huge blow to President Donald Trump, striking down his sweeping tariffs that the Republican pursued under a law meant for use in national emergencies. Conservative Justices Neil Gorsuch and Amy Coney Barrett, both appointed by Trump during his first term, along with the three liberal justices, joined … Read more
The Dow Jones, Nasdaq, and S&P 500 quickly rose on Friday after the Supreme Court ruled that President Donald Trump’s ‘Liberation Day’ tariffs are illegal. The top court said that the president lacked the authority to impose tariffs. A screen above a trading post on the floor of the New York Stock Exchange displays the … Read more
Updated on: Feb 20, 2026 9:08:42 PM IST Trump tariff live updates: File photo of US President Donald Trump Trump tariff live updates: In a massive setback to US President, the US Supreme Court on Friday rejected Donald Trump’s global tariffs that he had pursued under a law meant for use in national emergencies. The … Read more
In a decision that strikes at the core of Donald Trump’s foreign policy based on trade-linked aggression, the US Supreme Court on Friday, February 20, struck down his sweeping global tariffs. US President Donald Trump has used the tariffs as a foreign policy tool. (AFP) Question of authority It was a 6-3 ruling which represents … Read more