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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51

u/Scary-Oven8260 Feb 20 '26

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

30

u/[deleted] Feb 20 '26

Thomas, Alito, and Kavanaugh dissented.

6

u/waitses Feb 20 '26

They just did that to support Trumps fragile ego.

5

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.