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What's at stake in the Supreme Court's tariff ruling?
The average U.S. tariff rate is likely to drop -- at least temporarily -- with some duties imposed under the International Emergency Economic Powers Act (IEEPA) ruled illegal.
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AFP - Fri, 20, Feb 2026
- 17:22 EST
- 72
The U.S. Supreme Court building in Washington, U.S. May 17, 2021. / REUTERS/Jonathan Ernst
The U.S. Supreme Court ruled Feb. 20 that President Donald Trump had overstepped his authority in tapping emergency economic powers to impose tariffs -- a rare rebuke dealing a sharp blow to his economic agenda.
What are the ramifications of the conservative-majority court's decision, and is it possible for the Trump administration to reinstate duties?
Also Read: Tariffs ruling plunges Trump into political and economic chaos
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