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Supreme Court blocks Trump’s "Liberation Day" tariffs
In a major 6-3 decision delivered on Feb. 20, 2026, the Supreme Court blocked President Donald Trump’s "Liberation Day" tariffs. The justices ruled that the International Emergency Economic Powers Act (IEEPA) does not grant the president unilateral authority to impose sweeping global tariffs. This ruling strikes down the 10% global tariff and reciprocal duties that Trump characterized as essential for the U.S. economy.