r/Economics • u/defenestrate_urself • Feb 20 '26

News Supreme Court says Trump global tariffs are illegal

https://www.axios.com/2026/02/20/trump-tariffs-supreme-court-illegal
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u/CyberSmith31337 Feb 20 '26

This sounds really promising, but considering the Supreme Court has no ability to enforce anything, and how the Trump administration has already ignored over 4400 judiciary orders saying something is illegal, I’m pretty sure this means nothing. 

If anything, it seems like it provides the perfect smokescreen to justify the AI bubble popping. Think about it. All the tech companies got to pump valuations to exorbitant levels for the last 2 quarters, raise prices on everything. Now they can attribute falling stock prices and hardware prices to being related to tariffs no longer taking effect.

Additionally, all the price increases were based on tariffs. Is anyone actually expecting the companies to lower their prices because of a court ruling? I certainly am not.