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What the Supreme Court's tariff ruling changes, and what it doesn't
In a clear rebuke to President Donald Trump’s tariff policies, the Supreme Court ruled on February 20 that many of his tariffs—those that invoked the International Emergency Economic Powers Act (IEEPA)—were unconstitutional. The statute does not authorize the use of tariffs. Moreover, as the ruling emphasized, the president does not have authority to tax. The power to tax, including the imposition of tariffs, lies instead with the US Congress, in the unambiguous words of the US Constitution. Undeterred, the president has now turned to another legal authority, Section 122 of the Trade Act of 1974, which allows ... (full story)
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From @MarketNews_Feed|Feb 23, 2026|3 comments*TRUMP ADMINISTRATION CONSIDERING NEW NATIONAL-SECURITY TARIFFS ON HALF A DOZEN INDUSTRIES, SOURCES SAY -- WSJ *NEW TARIFFS COULD COVER POWER-GRID AND TELECOM EQUIPMENT, LARGE-SCALE BATTERIES, OTHER INDUSTRIES, SOURCES SAY -- WSJ ... The Trump administration is considering new national security tariffs on a half-dozen industries in the wake of a Supreme Court decision last week that invalidated many of the president’s second-term levies
From forex.com|Feb 23, 2026Whether pre-emptive ahead of the reopening of mainland Chinese markets, assisted by renewed trade tensions following the SCOTUS reciprocal tariff ruling last Friday, or a ...
From fpmarkets.com|Feb 23, 2026When the RBA last met at the start of this month, the Board unanimously voted to increase the cash rate by 25 bps to 3.85% from 3.60%, though it did so cautiously. For me, the ...
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From youtube.com/cmegroup|Feb 23, 2026Gold and Silver futures prices moved significantly higher as market participants reacted to increased geopolitical tensions and ongoing tariff discussions. Gold futures climbed ...
From media.rabobank.com|Feb 23, 2026On Friday, February 20, the Supreme Court ruled that President Trump exceeded his power when he imposed the reciprocal and fentanyl-related tariffs by using the International ...
From cnbc.com|Feb 23, 2026China’s central bank kept its benchmark lending rates unchanged Tuesday as authorities navigate a balancing act of supporting a slowing economy while maintaining currency ...
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- Feb 23, 2026 4:52pm Posted byFundamental Analysis1,698
- From media.rabobank.com|Feb 23, 2026