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Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy
The Supreme Court on Friday struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda, delivering a major rebuke of the president’s key economic policy. The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled six to three in the long-awaited decision. The ruling is a massive loss for Trump, who has made tariffs — and his asserted power to impose them on any country at any time, without congressional input — a central feature of his administration’s economic and foreign policies. Chief Justice John Roberts delivered the ... (full story)
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From @NourHammoury|Feb 20, 2026|3 comments*BOSTIC: MUST CONSIDER RATE HIKES IF INFLATION WERE TO MOVE UP Oh really? Guess who’s getting fired next? Fed's Bostic: I think neutral is perhaps a quarter to a half percentage point below current policy rate. Fed's Bostic: It's difficult to know the fallout from the SCOTUS ruling on tariffs. It depends on issues such as the need for rebates and how firms react.
From @FirstSquawk|Feb 20, 2026|34 commentsTRUMP SAYS SCOTUS RULING A "DISGRACE" - CNN TRUMP SAYS HE HAS BACKUP PLAN FOR TARIFFS AFTER RULING: CNN News: President Trump commented on the Supreme Court ruling striking down his tariffs while inside the White House breakfast with governors this morning, calling it a "disgrace," I'm told. He told those gathered that he has a backup plan.
From breakingthenews.net|Feb 20, 2026|1 commentConsumer sentiment in the United States continued to improve in February, according to a final monthly report published by the University of Michigan on Friday. The index ...
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From @financialjuice|Feb 20, 2026|17 commentsTrump: I have to do something about the courts. COLOR: Trump was speaking to a room full of U.S. governors at the White House when he was handed a note from an aide informing him of the Supreme Court decision, a source tells me. Trump was visibly frustrated and told the crowd that he had to do something about the courts, the…
From cnbc.com|Feb 20, 2026|10 commentsThe U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by President ...
From @financialjuice|Feb 20, 2026|9 commentsWhite House: Trump will hold a press briefing on the Supreme Court's tariff decision at 12:45 PM ET.
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- Feb 20, 2026 10:03am Posted byFundamental Analysis2,032
