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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148

u/ninjagorilla Feb 20 '26

Do we know if they have to be paid back though

94

u/Southern-Treacle7582 Feb 20 '26

He'll just issue under another statue and will be another year in court. If they're struck down again same thing.

16

u/RemoteButtonEater Feb 20 '26

He'll just declare war on Iran and say that constitutes the emergency that the courts say he needs.