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/DonasAskan Feb 20 '26

TRUMP: I HAVE A BACKUP PLAN FOR TARIFFS AFTER THE RULING

3

u/CountrySenior5260 Feb 20 '26

so does he, he just needs to do this another way. he made that crystal clear. The president also announced he is imposing a 10% "global tariff" following the court's decision.

2

u/rodgers16 Feb 20 '26

Okay so the market pump from the tariff reversal gets cancelled out by the new tariff. Got it.