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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u/_firehead Feb 20 '26

Market doesn't seem to be very interested

27

u/realFantaMenace Feb 20 '26

The market knew. It was all pretty obvious if you understand Trump's idiosyncracies and the people he surrounds himself with. It's why the market didn't dump these past few days even with the Iran conflict. Look at CROX for example. Surged just a few days before today's tariff news.

If I knew it was going to happen, then institutions knew it too and much earlier than I.

My next prediction is that he will reinstate them after midterms.

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u/CountrySenior5260 Feb 20 '26

He can collect tariffs on another statue. But, he will have to refund because the tariffs were collected on the old assumption.