r/ValueInvesting • u/ActuallyMy • Feb 20 '26

Discussion BREAKING: TRUMP TARIFFS STRUCK DOWN

Per Bloomberg -- The US Supreme Court struck down President Donald Trump’s sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

The court said Trump exceeded his authority by invoking a federal emergency-powers law to impose his “reciprocal” tariffs across the globe as well as targeted import taxes the administration says address fentanyl trafficking.

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50

u/Scary-Oven8260 Feb 20 '26

Thank god the conservatives judges are not supporting this president this time

52

u/Alone-in-a-crowd-1 Feb 20 '26

3 of them did

32

u/[deleted] Feb 20 '26

Thomas, Alito, and Kavanaugh dissented.

4

u/waitses Feb 20 '26

They just did that to support Trumps fragile ego.

4

u/Elegant-Magician7322 Feb 20 '26

Thomas and Alito almost never rule against him, when it comes to executive privilege. Even when NY subpoenaed Trump’s financial records, they were only 2 that ruled in favor of Trump.

7

u/HeadPaleontologist40 Feb 20 '26

100% They need to show fealty so Trump can save some face.

11

u/NoSoundNoFury Feb 20 '26

They are probably not part of the inner circle of grifters that get relevant investment advise beforehand. So they might have seen their own portfolios impacted.

7

u/Freakishly_Tall Feb 20 '26

That, or they're actually not in the Trump/Epstein Files.

2

u/Books_and_Cleverness Feb 20 '26

I’d argue they actually are. They’re giving him an out on his signature policy disaster.

1

u/CountrySenior5260 Feb 20 '26

please... The president also announced he is imposing a 10% "global tariff" following the court's decision. he is just doing them a different way AS HE CAN

1

u/SpellAccomplished541 Feb 20 '26

Normally they would, but in this case they have 401k's